Stargate to Reissue STG Tokens Following Alameda Wallets Hack

Evmos, Connector of Cosmos and Ethereum Blockchains, Raises $27M in Token Sale

Alameda purchased 10% of the total STG supply from a Stargate Community sale in March 2022. The firm promised to lock up the tokens until March 2025, but became embroiled in controversy for illegally borrowing user funds from its sister company, crypto exchange FTX, some months later.

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