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Moonrock founder comments on Circle's acquisition of Axelar team: This is another disguised RUG
GateNewsBot
Odaily Planet Daily reported, Odaily Planet Daily reported that Moonrock Capital founder Simon Dedic posted on X commenting on Circle’s acquisition of Axelar, stating: “Another acquisition, another RUG. Circle acquires Axelar but explicitly excludes the Foundation and AXL tokens, which is simply a criminal act. Even if it doesn’t violate the law, it violates morality. If you’re a founder looking to issue tokens: treat them like equity or get lost.” Previously, it was announced that Circle would acquire the initial development team of Axelar, Interop Labs, but Axelar Network, Axelar Foundation, and AXL tokens are not included in this acquisition.
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