WOO Network Repurchases Shares and Tokens From Bankrupt Hedge Fund 3AC

DeFi Credit Protocol Concordia Raises $4M in Seed Round Led by Tribe, Kraken

According to a press release, WOO agreed to cancel shares purchased by 3AC in 2021’s Series A fundraise and repurchase 20 million WOO tokens, worth around $3.4 million at current prices. The tokens have been sent to a burn address or crypto wallet that cannot be accessed by anyone.

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