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PANews
PANews|11月 20, 2025 14:09
[Nillion: An unauthorized sale of NIL tokens by a market maker, measures being taken to hold accountable] Blind computing network Nillion posted on the X platform: 'It has been confirmed that a market maker sold NIL tokens without obtaining legal authorization from the Nillion Association. Subsequently, during and after the flash crash sell-off, the market maker refused to respond to any communication from the team. Nillion is taking immediate action, and the Nillion Association has begun utilizing its reserve funds to repurchase the sold tokens. Nillion also promises to use all funds recovered from the unauthorized sale of tokens by the market maker to repurchase more NIL tokens. Nillion stated that it is actively pursuing legal accountability and is working with exchange partners to ensure that all accounts and wallets related to this incident have been frozen.' Earlier today, it was reported that the Nillion token experienced a drop of over 60% at one point.
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Timeline

12月 17, 19:04WLFI releases governance proposal to incentivize USD1 adoption
12月 17, 14:21Canaan Technology announces continuation of $30 million buyback plan
12月 15, 15:15Sky Protocol has used 1.9 million USDS to buy back SKY tokens in the past week.
12月 12, 13:25Bluefin has become the largest DEX on the Sui chain
12月 12, 09:29Pyth Network establishes the PYTH reserve and repurchases PYTH tokens monthly.
12月 11, 02:20Meteora disclosed a Q4 buyback of 2.3% of the total token supply
12月 10, 06:47RAVE is one of the most asymmetrical plays in the Web3 entertainment space.
12月 09, 03:11The market underestimates the strategic significance of Ethereum's Fusaka upgrade
12月 08, 19:59Hyperliquid Strategies launches $30 million stock buyback plan
12月 06, 08:01Talus US reward curve draws attention

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