TechFlow news, on October 2, Paul Faecks, founder and CEO of Plasma, posted on X social platform clarifying rumors that have emerged since the launch of XPL:
1. No team member has ever sold XPL. All XPL tokens held by investors and the team are locked for three years, with a one-year cliff unlock period.
2. Out of the approximately 50-person team, only three individuals previously worked at Blur or Blast. Team members also come from Google, Facebook, Square, Temasek, Goldman Sachs, and Nuvei. Referring to the Plasma team as "ex-Blast" would be equivalent to calling them "ex" any of the aforementioned companies.
3. Plasma has not engaged Wintermute as a market maker, nor has it ever signed any service agreement with them. Regarding information about Wintermute holding XPL, Plasma possesses the same public information available to everyone.




