Coinbase is under scrutiny after reportedly leaking details about OpenSea's upcoming $150 million token sale. According to a brief post by Coinbase, which was quickly deleted, OpenSea plans to sell $SEA tokens on the platform next week. The sale is expected to value OpenSea at $3 billion, with tokens priced at 0.3 USDC each, representing 5% of the total supply. Notably, there will be no lock-up period for the tokens.
The anticipated fundraising amount from this sale is $150 million. The premature disclosure has raised questions about Coinbase's handling of sensitive information, as the post was removed shortly after being published. The crypto community is now closely watching for official announcements from both Coinbase and OpenSea regarding the token sale.
Coinbase Allegedly Leaks Details of OpenSea's $150M Token Sale
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