Self Chain explicitly denied authorizing any OTC token deals, stating that such transactions were not sanctioned by the team and distancing the project from the controversy

Quotes that support claims

Despite his denials, the Self Chain team clarified in a follow-up post that no founding members were ever authorized to engage in such deals, distancing the project from the controversy

No Self Chain founding members have ever been authorized to engage in OTC deals involving $SLF," it continued. "Any other deals circulating in the market have not been officially approved or sanctioned by the team in any way whatsoever.