OPG Report on OPG Project Team's Breach of Lock-Up Commitment and Secret Large-Scale Dumping
To Binance Platform Security and Compliance Team:
I am a user of the Binance platform, user ID xxxxx, and I am formally reporting the OPG project (token symbol: OPG) core team and related addresses for serious violations of lock-up commitments, secret large-scale dumping, and misleading advertising that lures users. I request that your platform immediately initiate an investigation and take necessary measures to protect investor rights.
I. Key Facts of the Report
1. Project Team's Public Commitment and Lock-Up Rules
The OPG project team clearly promised in the whitepaper and community live streams:
- Core contributor tokens: 12 months cliff lock-up + 36 months linear unlock
- Foundation share: 48 months gradual release
- Ecological reserve funds: 60 months linear unlock
The core commitment states, "We firmly prohibit the team from dumping tokens for cashing out; all tokens are solely for the long-term empowerment of AI ecological development, growing together with community users."
2. On-Chain Data Confirms Secret Dumping Behavior
Through on-chain data tracking (blockchain explorer: Etherscan/BSCScan), the following violations were discovered:
- The project’s related addresses have cumulatively dumped approximately 190 million OPG tokens, worth about $25 million.
- Operational characteristics: Avoiding public unlock windows, using small multiple transactions, cross-address transfers, and other covert methods to evade regulation, with no prior announcements or community notifications issued.
3. False Advertising and Market Manipulation
During the secret dumping period, the project team continued to disseminate positive information about ecological construction, technological iterations, and partnerships through official Twitter, Telegram groups, etc., deliberately creating a false impression of long-term positivity, leading retail investors to buy and hold while substantial dumping caused a continuous decline in secondary market prices, severely harming investor interests.
II. Key Evidence List and Reporting Demands
1. Immediately investigate the related addresses of the OPG project team to verify violations of lock-up commitments and secret dumping facts.
2. Suspend trading pairs of OPG tokens or restrict withdrawal/transfer permissions for related addresses to prevent further harm to investors.
3. Require the OPG project team to issue a public statement explaining the reasons for the violations and proposing compensation plans.
4. Publicly disclose the investigation results and handling measures to platform users.
5. Punish the OPG project team for false advertising and market manipulation according to platform rules and report to relevant regulatory authorities.