Another X user, Shrutebuck, criticized the timing of the unlocks. “They rewarded their early investors and themselves at the expense of retail, then they cry on the timeline about the ‘ridiculous FUD’ when the token is down 98%.”
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Celestia founder dismisses FUD, cites $100M war chest amid backlash
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Celestia critics argued that Celestia rewarded its early investors and insiders at the expense of retail investors
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Celestia faced widespread FUD after reports alleged that Celestia executives unlocked their tokens early and sold millions of TIA privately, disadvantaging retail holders
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