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MyShell terminates market maker following Binance scrutiny

MyShell has severed ties with a market maker linked to suspected trading irregularities after Binance raised concerns. The firm is reallocating assets to new liquidity partners and is initiating a SHELL token buyback plan to restore trust among investors.

MyShell emphasizes its unwavering commitment to open-source AI despite market disruptions. The firm aims to enhance market integrity through the strategic shifts, including partnerships and maintaining transparency in their token buyback process.

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