Wu learned that the SOON team released a post analysis report stating that the 41% drop in SOON tokens within 5 hours on July 5th was due to coordinated market manipulation actions. The attacker extracted 22 million SOONs from Bitget and sold them in batches on exchanges such as Bithumb, Upbit, and Gate. At the same time, they placed short positions on platforms such as Binance, Bybit, and OKX, causing the funding rate to drop to -500% to -600% at one point. The SOON team has confirmed that the incident is not related to its official market makers Jump Crypto and Amber Group, and has not found any involvement of the foundation address. They are currently working with the exchange to investigate the identity of the relevant address. http://(wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=45359