TON Foundation urgently clarifies: The UAE golden visa program has no government endorsement, and the related announcement has been withdrawn.

Event Background: Visa Commitments Raise Questions In response to the previous controversial report regarding "staking TON for a UAE golden visa," the TON Foundation issued a brief statement for clarification. The organization denied any government involvement in the project. The plan previously claimed that users could obtain a 10-year UAE golden visa by staking $100,000 worth of TON tokens for three years.

Foundation Statement: Independent Collaborative Exploration Project According to the official blog of the TON Foundation, this clarification aims to correct misinformation regarding its UAE golden visa program. The foundation emphasizes that the project is an independent collaboration between TON and an unnamed licensed partner (focused on tokenized assets and blockchain infrastructure).

The TON Foundation has made it clear that the project has not received any form of official government support and is currently only an "exploratory attempt." The organization acknowledges that the initial announcement was made too early and has removed the related promotional content.

Origin of the Turmoil: Widespread Dissemination on Social Media Last weekend, news about the TON Foundation offering a "10-year golden visa for staking TON" spread widely on the X platform (formerly Twitter). An initial blog post by the foundation claimed that applicants could guarantee the visa by staking $100,000 worth of TON tokens for three years. This statement raised questions, and CZ publicly pointed out its lack of official disclosure basis.

Core Clarification: No Anarchist Cooperation or Endorsement The foundation announcement clearly states: "Hereby clarifying, there is currently no official gold visa program launched in cooperation with the UAE government, and TON has not received any government endorsement."

Regulatory Counterfeit Crackdown: Three Major Institutions Jointly Deny After the incident fermented, the three key regulatory agencies in the UAE quickly issued a joint statement denying any association with the "pledge TON for visa" plan. These agencies are: Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), Securities and Commodities Authority (SCA), and Virtual Assets Regulatory Authority (VARA).

The statement clearly indicates that the eligibility for the golden visa does not include digital asset investors.

Market Reaction: TON Price Plummets After regulatory agencies and foundations successively issued clarification statements, investor sentiment turned bearish, causing the price of TON tokens to plummet by more than 10%.

History Repeats Itself: False News Once Caused TON to Plummet It is worth mentioning that the TON ecosystem has previously encountered similar issues: false reports have been widely circulated, followed by official clarifications that triggered a significant price drop. For example, in May this year, Telegram CEO Pavel Durov announced a collaboration with xAI, but Elon Musk immediately denied that any agreement had been reached between the two parties, leading to a subsequent drop of over 10% in the TON price.

"Haste makes waste"; in the world of cryptocurrency, any slight movement in the news can instantly impact the price of coins, whether positive or negative. Project parties need to be responsible for the messages released through official channels, and investors should not bear the losses caused by such false news.

The Gate market shows that TON is currently priced at $2.762, with a 24-hour decline of 1.77%.