IOSG Ventures Issues Formal Clarification: No Connection to Onchain Address Speculation

Official Statement: Addressing Misinformation

On May 25th, investment firm IOSG Ventures issued an official clarification via its channels. The statement formally addressed a recent report by on-chain analytics entity Onchain Lens, which referenced a specific wallet address.

On-Chain Label Deemed Speculative

IOSG Ventures clarified that Onchain Lens, in a social media post, had labeled a wallet address involved in UNI and COMP token transactions with "IOSG Ventures?". The firm emphasized that this label constituted unverified market speculation without factual basis.

Denies Ownership and Connection

The firm provided further details:

• The mentioned wallet address is neither owned nor controlled by IOSG Ventures.
• No operational or associative relationship exists between IOSG Ventures and the address.
• To their knowledge, the address is used for routine deposits to the Binance exchange.

Action Taken for Correction

IOSG Ventures reiterated that the trading activity and any associated gains or losses described in the post are unrelated to the firm. They have proactively engaged with the relevant parties to request correction of the erroneous record.