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Celestia founder: The team has over $100 million in reserves, with cash flow supporting more than 6 years of operations.
Gate News bot message, yesterday user 0xCircusLover revealed that “Celestia’s executive team will unlock all tokens in October 2024, in addition, Celestia’s founder Mustafa Al-Bassam sold TIA tokens worth over 25 million dollars through over-the-counter (OTC) transactions and moved to Dubai.”
In this regard, Mustafa today posted a message that seems to respond, stating, “I have been involved in the cryptocurrency field since 2010 and understand that to survive in this industry, one must have a tenacious spirit and be able to withstand various tests, as all tokens will experience a 95% retracement at some stage in their lifecycle. We have over 100 million dollars in reserves and more than 6 years of operational experience, so we are prepared for a long-term commitment, no matter how long it takes.”