On-chain detective Specter questions Serpin’s token launch decisions

TREE NEWS update: On-chain detective Specter has publicly questioned Serpin’s token generation event (TGE), arguing that the project launched a token it had previously claimed it would not issue and raised funds through an ICO. Specter said the token launched with low liquidity and was only listed on Coinbase, limiting exchanges, while also criticizing the team’s reduced activity after the TGE. He also questioned why only 15% of the funds were refunded, while the remaining 85% must go through a lengthy claim process.