Robert Leshner’s $COMP Token Sale Sparks Controversy Amid Sudden Surge in Price
In a surprising set of circumstances, Robert Leshner, the founder of Compound, finds himself connected to the divestiture of a large quantity of $COMP tokens—a move that seems contradictory to his previous statements. Three weeks ago, Leshner transferred the tokens, valued at around $3.19 million, to Galaxy Digital, a crypto-focused investment firm. Almost immediately, questions began to pop up—hardly surprising, given the number of times tokens and their sales have featured in recent court cases—to which Leshner has yet to respond. A Timeline of Events The sequence of events that led to the sale of the $COMP tokens starts on March 12, when it is said that Robert Leshner transferred 50,000 $COMP tokens, worth $2.03 million at the time, to Galaxy Digital. Leshner appears to have entrusted Galaxy Digital with the sale of these tokens, a decision that has come […]