Abaxx Refutes Misinformation Being Circulated and Addresses Recent Share Price Decline (opens original article in a new tab)

Abaxx refutes allegations of fraud and financial instability, addressing a recent share price drop and clarifying its market practices.

• Abaxx refutes misinformation about its business practices and addresses a recent share price decline.
• The company clarifies that market making and liquidity provider programs are standard and not fraudulent, with no evidence of wash trading.
• Abaxx disputes claims of financial difficulties and incorrect burn rate figures, stating it has a secure financial position after a C$69 million financing round.