BlockBeats News, May 25th, IOSG Ventures officially clarified that it is not associated with a wallet address mentioned in the Onchain Lens blockchain analytics report. The organization stated that Onchain Lens mistakenly labeled a wallet address involved in UNI and COMP transactions as "IOSG Ventures?" in a tweet, which was merely an unverified speculation.

The address in question is not owned, controlled, or affiliated with IOSG, but is rather an address used to deposit funds to Binance. IOSG emphasized that the activities and losses described in the tweet are unrelated to them and has reached out to the parties involved to correct this erroneous record.