
IOSG Ventures said the flagged address was not its official wallet, disputing reports of large UNI and COMP Binance deposits and underscoring uncertainty around wallet attribution and any alleged losses.
IOSG Ventures said on May 25 that rumors claiming it recently held or sold UNI and COMP were incorrect, stating the flagged on-chain address was not its official wallet and that Arkham’s unverified labels pointed to a wallet used for Binance deposits rather than an IOSG-owned address. Earlier reports from OnchainLens had said a wallet linked to IOSG Ventures deposited 2.7 million UNI and 114,352 COMP to Binance, valued at about $11.53 million, with some reports estimating losses ranging from about $19.87 million to nearly $40 million depending on the assumed acquisition history. Because IOSG disputes the wallet attribution and neither report confirmed a sale after the Binance transfer, ownership of the assets, the purpose of the transfer, and any realized loss remain unverified.