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DWF Labs co-founder: Received LQTY but did not participate in its market making, engaged in numerous off-exchange derivative trades.

On November 6th, Andrei Grachev, co-founder of DWF Labs, posted on social media that "not many people (to this day) know that DWF Labs has conducted many off-exchange derivative trades. We can structure them according to the needs of our counterparties. Sometimes we receive spot on our trading account, like today we received LQTY. But we currently do not trade with LQTY and do not make markets. However, we have conducted many futures contract trades." DWF Labs' associated address extracted 200,001 LQTY (approximately $320,000) from Binance 30 minutes ago.

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