NEUTRAL 45 The Defiant 1H ago · 1 min read 1 read

Forward Industries Denies $123 Million SOL Transfer

AI summary

Forward Industries denied that it moved $123 million in SOL after blockchain trackers linked 1.78 million SOL in stake withdrawals to the treasury company. The on-chain movements are confirmed, but ownership of the funds remains disputed. Traders holding SOL treasury-related exposure will watch for clarification, since a large unexplained stake withdrawal can signal selling pressure or a custody reshuffle.

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