Plasma founder Paul Faecks has pushed back against claims of insider selling after the project’s native token, XPL, lost over half its value within days of its mainnet launch. Key Takeaways: Plasma’s XPL token fell over 50% after launch, prompting insider selling accusations. Founder Paul Faecks denied the claims, stating team and investor tokens are fully locked. Critics remain skeptical, questioning possible sales of ecosystem-related token allocations. The token had surged to $1.70 on Sunday be ...