Crypto researcher uncovers alarming tokenomics for this project: ‘Sheer greed’

Crypto researcher uncovers alarming tokenomics for this project: ‘Sheer greed’
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In a recent post on X, Justin Bons—the founder and CIO of Cyber Capital, Europe’s oldest cryptocurrency fund—raised serious concerns about the Sui Network (SUI) project’s tokenomics. Bons, a full-time crypto researcher since 2014, claims that the project’s token distribution is marred by centralization, lack of disclosure, and “unbridled greed.”
According to Bons, SUI claims to have a capped supply of 10 billion tokens, with 52% being “unallocated” until 2030. However, he points out that over 8 billion SUI tokens are currently being staked, with founders holding an alarming 84% of the staked supply.
SUI Supply and Total Stake. Source: CoinMarketCap
“SUI is centralized. The founders control the MAJORITY of supply without lock-ins and ZERO legal guarantees!”
– Justin Bons
Cyber Capital’s CIO accuses the team of deceptive communication, stating that “the legal fine print protects them, as the truth is sobering.” He claims that the chart published

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