FUD allegations and reactions

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Mustafa Al-Bassam stated, while addressing FUD sparked by claims that insiders unlocked and sold tokens early, that Celestia holds a $100 million treasury and a six-year runway

Celestia critics argued that Celestia rewarded its early investors and insiders at the expense of retail investors

Mustafa Al-Bassam labeled the early-token-unlock accusations against Celestia as ‘FUD’ and asserted that all founders, early employees, and core engineers are still working as hard as when Celestia launched

Celestia insiders, including co-founder Mustafa Al-Bassam, face allegations of selling millions of TIA tokens via over-the-counter (OTC) deals

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