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Kaito signed an agreement with Web3Port, leaving early before the investigation.
The report on May 15 stated that Kaito posted on platform X about signing a market-making agreement with Web3Port on February 17 and voluntarily terminating the transaction on February 27. This agreement is one of many agreements before and after the Token Generation Event (TGE) on February 20, aimed at supporting the stability of the initial trading price.
In a short period of time, Kaito noticed that the execution of Web3Port deviated from the original intention and decided to terminate the project. This incident occurred before the negative reports about Web3Port in March and the subsequent investigation.
Since the TGE, the Kaito Fund has never sold any KAITO Tokens. In fact, the Kaito Fund has become a net buyer through the continuous buyback program. This content provides market information and is not investment advice.
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