Online reports, Bitcoin.com reported that the Venice Protocol project was accused by the community of selling $10.2 million worth of tokens after the token was released. The Venice team allegedly sold the $VVV token immediately after launch, causing the token price to drop by 63% in less than two weeks. In addition, market maker Wintermute was accused of selling tokens before listing on any centralized exchange. In response to the above allegations, the project party responded that token economics had been disclosed in advance and all transactions were conducted on the chain.