VeChain (VEN) – Sunny Lu dispels FUD rumors: A reason to Hodl

What is happening to VeChain (VEN) prices? That is the single most asked question on VeChain’s sub-reddit forum today.

“VeChain Foundation didn’t sell any VENs to the open market and we are not going to do so as well”- Sunny Lu, VeChain CEO

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It’s a reaction to the disturbing FUD rumors that have hit VEN holders hard with high walls and large sell orders fueling resentment towards VeChain’s team. And that’s how and why VeChain CEO Sunny Lu had to come out and personally address the rumor. In fact, he did so in two forums. First, he joined VEN holders on Telegram to talk about accusations that VeChain was the whale that had been dumping large amounts of VEN coins on the market. Then on his official twitter page, Sunny repeated the same point to an enraged VEN holder.

   
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