EigenLayer investigates potential token disposal violation

Ethereum-centric restaking protocol EigenLayer has announced via X that it is investigating unauthorized selling activity after a specific EigenLayer wallet was found to have sold approximately $5.5 million worth of assets in violation of the project’s one year lockup rule. The wallet is likely to belong to a current or former EigenLayer employee or early investor. It has been used to sell approximately 1.67 million EIGEN. The project added that it will share the results of its investigation with the community as soon as possible.