NIL what went wrong: nil crashed 65% straight to all-time lows around 0.11. one of nillion's market makers started mass selling nil tokens without permission. refused to communicate with the team during the crash. nil dropped 50% instantly. nillion bought back the dumped tokens using treasury funds to stabilize the market. exchanges froze wallets connected to the incident to stop further selling. team is pursuing legal action. the specific market maker hasn't been named yet. the context: > token launched march 2025 at 0.86. been bleeding since day one > volume collapsed from $750m to under $250m after airdrop farmers dumped and left > now sitting at 0.11, down 89% from ath what's confirmed: team denies any team or treasury tokens moved in the actual dump. they're investigating what they call an "external variable." network operations are normal. exchanges cooperated by freezing the problem wallets during the incident. what's unclear: which market maker went rogue. how much treasury was spent on the buyback. whether the frozen wallets will be permanently seized or just temporarily locked. the unauthorized selling came from someone who was supposed to be providing liquidity. team had to become buyer of last resort with their own funds. another day, another crime in crypto.(Hanzo ㊗️)