PANews reported on July 8 that regarding the controversy over the UAE 'golden visa' project, TON Foundation CEO Max Crown spoke out again to clarify that the project is not directly designed by the UAE government, but is being promoted by an authorized partner, and has not received official recognition from the government.

Binance founder Zhao Changpeng commented that the marketing approach of the project is misleading, and key details should be clearly communicated to the public. He pointed out that the difference between being able to get a golden visa for '35,000 USD + 100,000 USD staking' and only being able to 'submit an application' is significant; there are also malicious price manipulations of related tokens; these actions are damaging to the entire industry.