Lighter Founder: Previous LIT Token Large Transactions Unrelated to Airdrop, APP May Launch in Coming Weeks

BlockBeats News, December 28th, regarding the community's discovery that the Lighter team's address had previously undergone multiple large-scale LIT token transfers, Lighter's founder and CEO, Vladimir Novakovski, responded on Twitter Space, confirming that the related token transfers were unrelated to an airdrop but were done to secure the distribution funds for investors and the team. Furthermore, he also revealed that the cross-chain collateral system will allow L1 assets to be used as collateral on Lighter and that the mobile app will also be launched in the coming weeks.

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