According to JP Mullin on Twitter, Cointelegraph has officially updated their article to state that there was zero wrongdoing or misappropriation of assets related to prior allegations, bringing factual clarity to the situation (source: @jp_mullin888, June 3, 2025). This public clarification removes a significant source of FUD (fear, uncertainty, doubt) for the project in question, which is likely to improve investor sentiment and reduce sell pressure in the cryptocurrency market. Traders should monitor related tokens for potential price recovery and renewed bullish momentum following this verified update.