Whales Market founder: Future plans to transfer remaining pre-sale funds to the public wallet and partially compensate GM investors for losses

Odaily Odaily News: Whales Market founder dexter released the following statement on X: "gm.ai has suffered a series of mismanagement, wrong (and unfortunate) timing, and most importantly, poor communication among the team. Now we take responsibility and promise to provide investors with a complete path. For the record, we have developed projects before, and all the funds raised from investors were used for development. In addition, at the same time, the team has hardly sold any team tokens from these projects-all of which can be proven on the chain. We have even had such an example that when a failed project was closed, we refunded seed investors 'out of pocket'. If you are one of our past investors, I hope you can at least kindly confirm this. The above is not an excuse for disappointment in gm.ai, but just a glimpse into our past behavior and emphasize the fact that we never intended to deceive anyone. Now, for gm.ai, in addition to the funds used to develop the project, the team or founders have not cashed out or 'exit scammed' any pre-sale funds. In order to better solve this problem, we plan to transfer the remaining pre-sale funds to the public wallet at some point when we start the compensation process. The pre-sale was in 3 The GM token sale was conducted in May, when the presale hype was at its peak, which was admittedly a double-edged sword. Right at the end of the presale, we started building, and over the course of 5 months, the team tried again and again to deliver on our promise - an AI project, and a potential SOL product ecosystem. We have built AnotherUs, Intent.Trade, gm.fun, and the gm core model that drives it all. None of these products have found PMF, which is one of the reasons we have been delaying the token launch. We are under tremendous pressure, so we hesitated. The token launch was a garbage show. However, it is a false accusation to say that we took the money and did nothing. Regarding the investor compensation plan, looking forward, we believe there are at least some options to partially compensate GM investors for their losses. We will share the full details this Friday."