Nillion has confirmed that an unauthorized sale of NIL tokens was conducted by one of its market makers, breaching established protocols. This incident has prompted Nillion to initiate a buyback program, freeze affected wallets, and pursue legal action to address the breach. Additionally, the company is implementing enhanced security measures to prevent future occurrences. The unauthorized sale has led to unexpected market pressure, raising concerns about the security of NIL tokens and the integrity of the market.
Nillion Responds to Unauthorized NIL Token Sale by Market Maker
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