According to PANews on May 15th, Kaito posted on X platform stating that on February 17th, Kaito signed a market-making agreement with Web3Port and voluntarily terminated the transaction on February 27th. This agreement was one of several market-making agreements reached around the TGE on February 20th, aimed at supporting the stability of the initial trading price. Within less than a week, Kaito felt that Web3Port's execution deviated from the original intention and quickly decided to terminate the project. This event occurred before the negative reports about Web3Port in March and the subsequent trading platform investigation. Since the TGE, the Kaito Foundation has never sold any KAITO tokens. In fact, the Kaito Foundation has been the net buyer of the token through ongoing buyback programs.
