Plasma founder: None of the team members have sold any XPL, and 3 of them previously worked at Blur/Blast.

On October 2, Paul Faecks, founder and CEO of Plasma, posted on social media to clarify some rumors that have arisen since the launch of XPL: 1. No team member has ever sold XPL. All investors and team members' XPL is in a Lock-up Position for 3 years, with a 1-year cliff unlocking period. 2. Of the approximately 50-person team, 3 have previously worked at Blur or Blast, and team members also come from Google, Facebook, Square, Temasek, Goldman Sachs, and Nuvei. To refer to the Plasma team as "ex-Blast" is equivalent to saying "ex" any of the aforementioned companies. 3. Plasma has not engaged Wintermute as a market maker and has never signed any service contracts with them. The information about Wintermute holding XPL is consistent with what Plasma and the public are aware of.