Monad's $60M Exit Claim Vanishes in Public Records

Monad's claim of a $60 million cash exit for early investors has left no official record. A review by Crypto Daily found no announcement, disclosure, or coverage mentioning such an exit from public Monad and Coinbase records.

The public sale offered up to 7.5 billion MON at $0.025 each, with about 19.7 billion allocated to investors under a four-year lockup with a one-year cliff and equal monthly unlocks afterward.

The review found no company-initiated tender, buyback, or cash exit totaling $60 million for early investors in public documents. The Coinbase disclosure lists an initial supply of 100 billion MON and allocates roughly 19.7 billion, or 19.7%, to investors under the disclosed vesting schedule.

The restrictions matter because a cash exit for investors holding locked tokens would operate separately from the scheduled token releases and would ordinarily require a documented tender, repurchase, or comparable arrangement.