ACT Developers: All ACT holdings have been distributed, destroyed, or sold
On November 11th, ACT project developer AMP posted on social media that I have distributed, destroyed or sold all ACT tokens issued to me. I hope it will no longer be listed on any centralized exchanges (CEXs). Glad I got rid of it.
It is understood that AMP is one of the developers of the ACT project and once held 6% of the total amount of tokens in the project, but the community questioned that it cheated and quietly sold all the tokens in its hands for various reasons. This dishonest behavior greatly damaged the community's trust in it. If AMP had not sold the tokens it held, the maximum value of the funds would now exceed $19 million.