Lighter Founder Addresses TGE Progress and Recent Controversies

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Lighter founder Vladimir Novakovski addressed on-chain news during a Twitter Space AMA on December 28, 2025, discussing TGE progress and recent user backlash. He explained the points reduction due to anti-sybil measures and confirmed few appeals. New token listings are expected soon, with a mobile app launch planned for weeks ahead. The app will support multi-asset collateral and on-ramping. Novakovski also mentioned regulatory talks in Washington and potential Robinhood partnerships.

Derived from MarsBit, Lighter founder and CEO Vladimir Novakovski held a Twitter Space AMA on December 28, 2025, addressing recent developments ahead of the project’s Token Generation Event (TGE) scheduled within the final three-day countdown. During the session, Novakovski explained the recent reduction in user points due to a new anti-sybil account cleanup, which sparked backlash on Discord and Twitter. He confirmed the use of data science methods, including cluster detection, to identify fraudulent accounts and noted that few users have submitted appeals. Novakovski also denied claims of special point rules for large holders and outlined plans for a mobile app launch in weeks, featuring seamless on-ramping and multi-asset collateral. Additionally, he mentioned regulatory discussions in Washington and potential collaborations with Robinhood.

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