TONX executives refute TON FUD claims: All TON sold by Telegram have a four-year vesting period, and its largest buyer is TONX.

Manuel Stotz, Executive Chairman of TON Strategy Company (NASDAQ: TONX), clarified in a statement: 1. All TON tokens sold by Telegram have a four-year vesting period; 2. To date, the largest buyer of TON tokens sold by Telegram is TON Strategy Company, whose primary purpose is to accumulate, hold, and stake TON tokens, not as a source of future supply or to create potential pressure; 3. From December 2024 to December 2025, Telegram's net holdings of TON tokens did not decrease significantly, and may even have increased in terms of the number of TON tokens held during this period. However, Stotz stated that the Financial Times report that "Durov will prioritize improving the Ton ecosystem and further..."