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Forward Industries Denies $123 Million SOL Transfer

Headline from The Defiant

Image: The Defiant

Key points

  • Forward Industries has officially denied responsibility for a massive transfer involving 1.78 million Solana tokens.
  • The transactions, valued at approximately $123 million, were initially linked to the treasury company after blockchain trackers identified large stake withdrawals.
  • Although on-chain data confirms the movements took place, the actual ownership of the involved crypto funds remains actively disputed.

Summarized automatically by Kryptokite from reporting by The Defiant. Read the original sources for full detail.

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Sources

  • The DefiantForward Industries Denies $123 Million SOL Transfer · 2 hours agoRead on The Defiant

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Kryptokite links to the original reporting and never republishes full articles. Summaries are written automatically and may contain mistakes; nothing here is financial advice.

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