The KIP protocol refuses to start the scale start

The KIP protocol refuses to start the scale start

  • KIP protocol says it has not initiated or started it.
  • The project did not benefit from the start in any way, even though it was "misleaded" to post over token.
  • The Libra, which was also funded by Argentine President Javier Milei on X, crashed shortly after the start.

KIP Protocol, the web3 layer for AI based, denied the allegations that it played a role in the start of Libra, the cryptocurrency, which was a big scandal in the room.

On Monday the KIP protocol team published an explanation that means that the facts are To illustrate the start of the Libra token.

"We recognize the damage that $ Libra's situation led to many investors, our customers and the wider Krypto community. How many were shocked by the recent events and wanted to clarify the role of KIP Protocol at the event," published the platform on X.

The explanation of KIP Protocol listed five important points in connection with the scale project.

also shows the confirmation by A fact that only retailers saw suffer when the price was crashed shortly afterwards.

In the events, an investigation was even initiated in Argentina, while industry observers pointed out the damage to retail investors.

One of the platforms that is to be criticized was the KIP protocol.

What did the project say about Libra?

In its explanation, the KIP protocol team denied reports that it initiated the project.

"KIP has neither started the scale project nor the Viva La Libertad project. We have not given any activities, nor have we participated in discussions about the token start. We are a AI company in the early stage that became a convenient party, the other parties that have initiated and managed the start of the tok it says in the explanation.

The post on x also emphasized four more points. It includes the claim that the project does not create or approved the website for Project Viva La Libertad. Rather, KIP had an invitation that applied for his support in the management of a financing initiative for Argentine small and medium -sized companies or SMEs.


Source: Coinlist.me

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