Altcoin team severs ties with a company after sharp sell-off

Cryptonews.net reports that after a sharp sell-off in an altcoin, the team issued a statement that ties with a company have been severed. Related items mention AXIS, a Binance listing, and a claim that insiders dumped 76M AXIS tokens.

Timeline

1. 29 Oct, 20:50 UTCFirst appeared on Google Trends
2. 29 Oct, 20:50 UTCPicked up on News
3. 29 Oct, 20:50 UTCZachXBT claims Axis insiders dumped 76M AXIS

Top sources

• binanceGoogle Trends
• Is Binance Being Hacked? $2 Billion Outflow Puts Customer Funds in QuestionBeInCrypto
• Following the Sharp Sell-Off in This Altcoin, the Team Issued a Statement: Ties with a Company Have Been SeveredCryptonews.net
• Ethena Says It Is Aware of a Potential Security Incident Related to Binancebloomingbit
• Binance New Listing: AXIS's Alpha Debut Meets Remittix's November 24 Countdown and Planned 20% Supply CutTechBullion
• ZachXBT: Axis Robotics Insiders Dumped 76M AXISEGW News