Did Block.one engage a third party to complete a report on purchases during its token sale? What was the result?
Yes. Clifford Chance LLP supported by PwC Hong Kong and DMG Blockchain Solutions were engaged to review Block.one’s actions during the token sale conducted between June 26, 2017 and June 1, 2018. The token sale involved 900 million ERC-20 compatible tokens on the Ethereum blockchain, which were governed by a related ERC-20 smart contract.
The review was completed in July 2021 and found no evidence that Block.one either intentionally purchased tokens by any means during the token sale or entered into any arrangements with third parties to do so on their behalf.
This was an extremely thorough and time-consuming review confirming what we always knew to be the case.
The report can be found here.