Arkham: Due to UK and US regulatory requirements, some employees' ARKM token ownership wallets will be hosted by Coinbase Custody
2024-07-17 16:55:07
Arkham announced on the X platform that due to tax withholding and compliance requirements in the US/UK, the vesting wallets of some employees will be hosted by Coinbase Custody from July 18th. This will involve recycling ARKM from the existing vesting smart contract to the intermediary address, and then transferring the tokens to the Coinbase Custody address. In the future, Coinbase Custody will manage the vesting of ARKM tokens for these employees. It will also be subject to compliance and transaction monitoring. Trading will be planned according to the preset 3-year unlocking plan, but the vesting schedule has not changed from the original token economics.
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