Sui Foundation: No Sale of Locked Staking Rewards on Binance

The Sui Foundation, which operates a blockchain network and a cryptocurrency called SUI, has been accused of selling its locked or non-circulating SUI tokens on the exchange Binance. This claim was made by a commentator on Twitter named @DeFiSquared. However, the foundation denies this and says it has not sold any such tokens. The commentator says they saw the SUI tokens being moved to Binance in large amounts. Meanwhile, the Sui Foundation plans to share more information about when their tokens will be released. Currently, SUI has a market value of around $427.7 million and each token is priced at $0.70.