PANews
PANews|Dec 02, 2025 09:27
[Sahara AI: Rumors About 'Abnormal Activities by Market Makers Supporting SAHARA Tokens' Are False] Sahara AI has issued a further response regarding the recent abnormal market fluctuations, stating: 'Although the review is still ongoing, we would like to clarify a few key points: 1. The rumors about abnormal activities by market makers supporting SAHARA tokens are false. Amber Group and Herring Global, the designated market makers for SAHARA, have both been confirmed to have no irregular behavior. 2. All SAHARA token smart contracts remain completely secure and have not been altered in any way. Token management and custody are fully controlled by the Sahara Foundation. 3. Based on the data currently available, the significant price fluctuations were primarily driven by forced liquidations of large-scale perpetual futures contracts and the substantial accumulation of short positions during the event. 4. We are in direct communication with all relevant trading platforms and are continuing to collect detailed transaction-level data to fully understand the entire process of the incident. At present, we do not have a complete picture and are awaiting more verified information.'
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