Celestia founder: The team has over $100 million in reserves, with cash flow supporting more than 6 years of operations.

Gate News bot message, yesterday user 0xCircusLover revealed that "Celestia's executive team will unlock all tokens in October 2024, in addition, Celestia's founder Mustafa Al-Bassam sold TIA tokens worth over 25 million dollars through over-the-counter (OTC) transactions and moved to Dubai."

In this regard, Mustafa today posted a message that seems to respond, stating, "I have been involved in the cryptocurrency field since 2010 and understand that to survive in this industry, one must have a tenacious spirit and be able to withstand various tests, as all tokens will experience a 95% retracement at some stage in their lifecycle. We have over 100 million dollars in reserves and more than 6 years of operational experience, so we are prepared for a long-term commitment, no matter how long it takes."

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)