Laptop Multisig Address Distributes 42.5M Tokens Before Launch, Some Already Sold

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On-chain data reveals that the LAPTOP multisig address received 100 million tokens—10% of the total supply—seven days prior to the token launch. During the launch period, the address distributed 42.5 million tokens, including 15.5 million to market maker GSR and 14.5 million to an unmarked address. Some tokens have already been sold. This news has raised community concerns, as the distribution deviates from the project’s stated tokenomics. Hunter Biden responded early this morning, stating he did not profit from the token issuance.

ChainThink reports that on September 10, on-chain data showed that the LAPTOP multisig address received 100 million tokens approximately seven days before the token's launch, accounting for 10% of the total supply.

During the launch period, approximately 42.5 million tokens were transferred and distributed from this address; of these, about 15.5 million were transferred to market maker GSR, and approximately 14.5 million were sent to an unmarked address, some of which have since been moved.

The community pointed out significant discrepancies between this token allocation and the tokenomics published by LAPTOP, raising questions. Hunter Biden responded this morning, stating that he did not profit from the token issuance.

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