Ivykoin/ OkTY, page-8

I just reviewed the ivy project sale announcement on 11 Jan 2019 and FS reports from 2019 to 2021 - they actually retained 130 million ivy tokens from the sale and recognised them at $1 NBV under intangibles in 2019. The $1 just vanished in 2020 and 2021 and I could not see anywhere stating transfer of ownership of those 130 million ivy tokens.

Very likely those 130m tokens have been written off but was not roll-forward to 2020's FS, obviously immaterial so no one bothered to assess market value. Those ivykoin buyer was Bazda LLC but I honestly could not find anything off Google, none of the employees listed under Ivy's LinkedIn site is legit, and their ivy project website server is down as well.

Not really sure what to make out of this but I'm sure if anything changes we will hear from an official announcement.