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coinpedia 2023-10-18 14:12:03

SUI Coin Faces Serious Fraud Claims: SUI Price Drops All-Time Low, High TVL Fails

The post SUI Coin Faces Serious Fraud Claims: SUI Price Drops All-Time Low, High TVL Fails appeared first on Coinpedia Fintech News The native token of the Sui blockchain, SUI, recently hit an all-time low, dropping to $0.367, marking a 5.5% decrease in 24 hours. It is down 8.7% over the past week. The Sui Foundation has faced allegations of manipulating the SUI token supply, with claims that it exploited locked-up Sui coin reserves through staking to …

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