Ocean Protocol's Wallet Transfers $4.19M Worth of FET Tokens Amid Dumping Allegations

GateNews

2025-10-21 16:02:04

FET9,15%

Gate News bot message, Ocean Protocol faces accusations of dumping over $100M tokens on the community, according to Bubblemaps. A recent transaction shows that a wallet associated with Ocean Protocol’s Gnosis Wallet has transferred 16.05M FET tokens, valued at $4.19M, to centralized exchanges. The transaction originated from the wallet address 0xfA74ec5391e5d1e48fF6FcE69BB1CeFD99707b57. The allegation emerged following Fetch AI’s direct accusations of misconduct against Ocean Protocol.

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