Hunter Biden Addresses LAPTOP Token Market Cap Drop, Denies Team Selling

Hunter Biden has responded to reports that the market capitalization of the LAPTOP token has fallen below $25 million, representing a 99.9% decline from its launch. Addressing allegations that the project team has profited tens of millions of dollars, Biden stated that these estimates are unfounded and promised to release project accounts. He asserted that the team has not sold any tokens, noting that their holdings are subject to a six-month lock-up followed by a two-year vesting period as outlined in disclosure documents. He further challenged those claiming the team profited to provide evidence by disclosing the relevant wallet addresses.