Yesterday, Twitter user @0xCircusLover revealed that "the Celestia executive team unlocked all tokens in October 2024. In addition, Celestia founder Mustafa Al-Bassam sold over $25.00 million USD worth of $TIA via OTC and moved to Dubai."

In response, @musalbas posted an article stating, "I have been involved in the cryptocurrency field since 2010.... All tokens experience a 95% drop at some point in their lifecycle. We have over $100.00 million USD in cash reserves, and our cash flow can support more than 6 years of operation, so we are prepared for a long-term battle, no matter how long it takes."