Songshu Response to Swarms: Accusations are Baseless, SWARMS Not Sold and Still Held

BlockBeats News, September 10th, Songshu stated in the community that they have not sold and still hold Swarms, 「I have been supporting Swarms from the launch to now, and even continued to invest in the Swarms ecosystem when the market value reached as high as $30 million, with a focus on AI development.」

As for Kye's accusations, Songshu responded that they are baseless, 「Kye once asked for a 10% fee from the ssi platform, which was agreed upon, but then Kye changed his mind. Kye should have already sold his own SWARMS and has issued new projects multiple times, such as YCAI and USAI」.

Songshu stated that as a community supporter, they participated in establishing the foundation holding Swarms and invested in some AI ecosystem projects, also participating in investing in the ssi platform ecosystem project.

Previously reported, Swarms accused foundation DAO member 「SongShu Swarms」 (@imsongshu) of deceiving investors and attempting to manipulate the Swarms market.