STBL founder denies the team's connection to the large profit wallet, calling the related accusations FUD

ChainCatcher news, in response to the disclosure by the blockchain analysis platform Bubblemaps that "5 interconnected wallets of the STBL token have accumulated profits of about 17 million dollars," STBL founder Avtar Sehra stated that these wallets have no connection to the project team. He indicated that on-chain records and independent analysis confirm that these 5 addresses were active long before the launch of STBL and belong to common opportunistic traders. Sehra emphasized that this is not a "team sell-off," but rather market manipulation by external participants. Bubblemaps subsequently clarified that the relevant wallets are not related to the STBL team or insiders, and the project contract and team wallets can be publicly verified on-chain.