"🔥Aptos Accuses Monad of Copying Open Source Code, Monad Denies and Completes Funding"

Aptos Research Director Alexander Spiegelman accused Monad of copying Aptos's open source code, but Monad co-founder James Hunsaker responded that BlockSTM is merely a simple extension and that he has never seen Aptos's code. In 2024, Monad completed a funding round led by Paradigm, raising a total of 225 million dollars, with a valuation reaching 3 billion dollars.