“Despite the FUD (which is getting more ridiculous by the day), all Celestia founders, early employees and core engineers are still here and working as hard as we did when Celestia started 5 years ago,” Al-Bassam wrote in a Monday post on X.
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Celestia founder dismisses FUD, cites $100M war chest amid backlash
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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
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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
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Mustafa Al‑Bassam said the Celestia founders, early employees and core engineers at Celestia remain united and financially secure despite FUD fueled by allegations
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