The Neo Foundation has released a statement addressing the recent volatility in the NEO token price. In their announcement, the Foundation clarified that neither the Neo Foundation (NF) nor Neo Global Development (NGD) initiated or influenced the price drop. They also stated that no Neo founders or Foundation officials sold NEO during the period of volatility. The statement further detailed the investigation into the source of the token movement. The Foundation discovered a legacy address accumulating approximately 11.8 million NEO tokens between 2017 and 2021. These tokens were recently distributed to multiple addresses, including hot wallets of major exchanges such as Binance. The Neo Foundation is actively collaborating with exchanges and blockchain analytics firms to investigate the circumstances surrounding the token movement and ensure transparency within the NEO ecosystem. The Foundation aims to provide further updates as the investigation progresses. ```