Publicly listed US company AlphaTON Capital, which holds TON tokens, with Nasdaq stock code: $ATON(, announced a strategic financing of 30 million USD for American defense technology startup Anduril, but was vetoed by Anduril founder Palmer Luckey. Subsequently, AlphaTON issued another press release stating that it would cancel the investment in Anduril and will tokenize private equity. Palmer countered that the reason AlphaTON canceled the investment was that it never held any shares from the beginning.
TON DAT announced investment in defense unicorn Anduril, but was slapped in the face by the founder.
AlphaTON Capital, a US-listed company primarily holding TON blockchain Tokens with NASDAQ stock code: $ATON), announced a strategic investment of $30 million in the US defense technology startup Anduril Industries on December 16. The announcement stated that AlphaTON Capital is focused on the future of defense technology and the integration of decentralized artificial intelligence with the new generation of national security.
Unexpectedly, Palmer Luckey, the founder of Anduril Industries, appeared in the comment section. He clarified that AlphaTON Capital is not an investor in Anduril and questioned why such fraudulent behavior would take place.
AlphaTON canceled the transaction, and the founder sarcastically remarked: you don't have any shares at all.
AlphaTON Capital stated that they are acquiring economic rights to Anduril shares through a special purpose vehicle (SPV), rather than making a direct equity investment in Anduril Industries. According to the explicit terms of the signed contract, the company originally planned to list this investment on its balance sheet. It also plans to simultaneously issue derivative tokenized products, along with other similar sub-products from the technology industry, to meet the growing market demand for risk exposure to innovative technology companies that are difficult to invest in directly.
And it is stated that due to transfer restrictions on the economic benefits corresponding to the common stock of Anduril Industries in the contract, Anduril will not agree to any such transfer. Therefore, AlphaTON has decided to cancel the tokenization investment plan for Anduril and will not proceed with this transaction.
Unexpectedly, Palmer Luckey struck back: The reason you can “cancel your investment” is that you never actually held shares in Anduril. Your “clarification” is yet another scam; you know in your heart that this is not just a matter of share transfer restrictions, but that you falsely claimed to own those shares from the very beginning. He stated that AlphaTON Capital's latest press release is also a lie.
Anduril co-founder Matt Grimm posted that this is essentially fraud. He said: ( claims to have invested 30 million dollars in Anduril, but we have no idea who they are, and they definitely do not have shares in Anduril. In the world of special purpose companies nested within the private market, such claims, while unfortunate, are quite common. But AlphaTON is a publicly traded company, and they seem to be lying to their shareholders. He further hopes that the SEC and NASDAQ will launch an investigation.
The article claims that TON DAT company falsely claims to invest in defense technology unicorns, and is continuously refuted by the founder of Anduril. It first appeared in Chain News ABMedia.
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TON DAT company falsely claims to invest in defense technology unicorns, continuously refuted by the founder of Anduril.
Publicly listed US company AlphaTON Capital, which holds TON tokens, with Nasdaq stock code: $ATON(, announced a strategic financing of 30 million USD for American defense technology startup Anduril, but was vetoed by Anduril founder Palmer Luckey. Subsequently, AlphaTON issued another press release stating that it would cancel the investment in Anduril and will tokenize private equity. Palmer countered that the reason AlphaTON canceled the investment was that it never held any shares from the beginning.
TON DAT announced investment in defense unicorn Anduril, but was slapped in the face by the founder.
AlphaTON Capital, a US-listed company primarily holding TON blockchain Tokens with NASDAQ stock code: $ATON), announced a strategic investment of $30 million in the US defense technology startup Anduril Industries on December 16. The announcement stated that AlphaTON Capital is focused on the future of defense technology and the integration of decentralized artificial intelligence with the new generation of national security.
Unexpectedly, Palmer Luckey, the founder of Anduril Industries, appeared in the comment section. He clarified that AlphaTON Capital is not an investor in Anduril and questioned why such fraudulent behavior would take place.
AlphaTON canceled the transaction, and the founder sarcastically remarked: you don't have any shares at all.
AlphaTON Capital stated that they are acquiring economic rights to Anduril shares through a special purpose vehicle (SPV), rather than making a direct equity investment in Anduril Industries. According to the explicit terms of the signed contract, the company originally planned to list this investment on its balance sheet. It also plans to simultaneously issue derivative tokenized products, along with other similar sub-products from the technology industry, to meet the growing market demand for risk exposure to innovative technology companies that are difficult to invest in directly.
And it is stated that due to transfer restrictions on the economic benefits corresponding to the common stock of Anduril Industries in the contract, Anduril will not agree to any such transfer. Therefore, AlphaTON has decided to cancel the tokenization investment plan for Anduril and will not proceed with this transaction.
Unexpectedly, Palmer Luckey struck back: The reason you can “cancel your investment” is that you never actually held shares in Anduril. Your “clarification” is yet another scam; you know in your heart that this is not just a matter of share transfer restrictions, but that you falsely claimed to own those shares from the very beginning. He stated that AlphaTON Capital's latest press release is also a lie.
Anduril co-founder Matt Grimm posted that this is essentially fraud. He said: ( claims to have invested 30 million dollars in Anduril, but we have no idea who they are, and they definitely do not have shares in Anduril. In the world of special purpose companies nested within the private market, such claims, while unfortunate, are quite common. But AlphaTON is a publicly traded company, and they seem to be lying to their shareholders. He further hopes that the SEC and NASDAQ will launch an investigation.
The article claims that TON DAT company falsely claims to invest in defense technology unicorns, and is continuously refuted by the founder of Anduril. It first appeared in Chain News ABMedia.