Shiba Inu Exec Slams Exchanges Over SHIB Delisting, Draws Parallels to FTX Collapse

Shiba Inu's marketing lead, Lucie, has publicly criticized the delisting of SHIB from two unnamed centralized exchanges, refuting claims that the decision was due to low trading volume. Lucie accused the platforms of manipulative behavior, highlighting broader issues of greed and inconsistency within the centralized exchange (CEX) sector. She referenced past failures like FTX and WazirX as cautionary examples, arguing that exchanges often prioritize short-term profits over user trust and long-term sustainability. This incident underscores ongoing tensions between crypto projects and exchanges, raising concerns about transparency and fairness in the industry.

Shiba Inu Exec Criticizes Exchanges Over SHIB Delisting

Shiba Inu's marketing lead, Lucie, has publicly condemned the delisting of SHIB from two unnamed centralized exchanges, dismissing claims that the decision was volume-related. She accused the platforms of manipulative behavior, emphasizing that the move reflects broader issues of greed and inconsistency in the CEX sector.

Lucie pointed to historical failures like FTX and WazirX as cautionary tales, arguing that exchanges often prioritize short-term gains over legitimate projects. The SHIB community was urged to remain calm, with the delisting framed as an exchange-specific issue rather than a reflection of the token's market performance.

Boba Network Secures $70M Funding Amid FTX Token Agreement

Boba Governance Foundation has locked in a $70 million capital commitment from Awaken Foundation and LDA Capital to fuel expansion of its AI-centric Layer-2 blockchain. The funds will accelerate Core infrastructure development and dApp ecosystem growth, leveraging Boba's HybridCompute technology.

Simultaneously, the foundation resolved its BOBA token agreement with FTX Recovery Trust—a strategic MOVE that clears uncertainty around a significant token holding. "This injection positions Boba as the go-to L2 for AI-powered decentralized applications," said Enya Labs CEO Alan Chiu, a core contributor to the network.

Market observers note the timing aligns with renewed institutional interest in blockchain infrastructure supporting AI integration. The involvement of Awaken Foundation—a known Web3 incubator—signals confidence in Boba's technical roadmap amidst fierce Layer-2 competition.