Plasma founder: None of the team members have sold any XPL, and 3 of them previously worked at Blur/Blast.

BlockBeats news, on October 2, Plasma founder and CEO Paul Faecks posted on social media to clarify some rumors that have arisen since the launch of XPL: 1. No team members have ever sold XPL. All investors and team members' XPL is locked-up for 3 years, with a 1-year cliff unlock period. 2. Among the approximately 50-person team, 3 have previously worked at Blur or Blast, and team members also come from Google, Facebook, Square, Temasek, Goldman Sachs, and Nuvei. To refer to the Plasma team as "ex-Blast" is equivalent to saying "ex" any of the aforementioned companies. 3. Plasma has not hired Wintermute as a market maker, nor has it ever signed any service contract with them. The information regarding Wintermute holding XPL is consistent with what Plasma and the public are aware of.