according to an official announcement, Aqua1 Foundation has issued a statement in response to recent rumors about its team and operations. The statement said that Dave Lee joined Aqua1 as co-founder and CEO in April 2025, and his long-term vision aligns with the team. Aqua1 emphasized its independent operation and has no equity, financial, or operational relationship with any unrelated entities. The team is working with Middle Eastern institutions to advance the project, but some details are not yet public due to compliance requirements.
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Aqua1: The team operates independently and has no connection with Web3port
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