KIP: Did not manage or direct the issuance of LIBRA tokens and did not profit from it

Odaily Planet Daily News KIP Protocol issued a latest statement on X, saying, "KIP Protocol CEO Julian Peh did meet with President Miley during the "Tech Forum Argentina" trade show in Argentina on October 19, 2024. This was the first meeting between Peh and President Miley. No specific projects, including the "Viva la Libertad" project, were discussed or mentioned at the meeting, nor was the issuance of any tokens involved. KIP Protocol is not in the business of helping organizations issue tokens. We are a technology company focused on deploying artificial intelligence infrastructure, and our business revolves around this core, so we rarely get involved in other matters. KIP Protocol was not aware of the meeting on January 30, 2025, and did not participate in the meeting. Peh learned about the launch of a token project around February 13, 2025, which eventually became part of the project. Peh was told that Hayden/Kelsier Ventures would lead the project, initiate the issuance of tokens, and KIP Protocol would participate in it after the tokens were issued. It was also agreed that KIP Protocol would only issue tokens based on Kelsier's KIP did not initiate the project, did not manage or direct the token issuance process, did not receive any tokens before or after the issuance, and did not profit from the token issuance. KIP was not even notified by Kelsier when the Libra token was launched. Therefore, it is wrong to describe it as "a KIP Protocol project."