On April 15, HashKey issued an open letter to the community saying: "Thank you for your attention to the HSK token repurchase and destruction mechanism. We always adhere to the white paper's commitment - 20% of the group's net profit will be used for repurchase and destruction, which is a persistence on long-term value.

At present, HashKey Group is fully committed to compliant infrastructure and global market expansion, and some businesses are still in a strategic investment period. We understand everyone's expectations for repurchases. Once the operation is stable, we will immediately start the first round of repurchases and make progress in a timely manner. "

Earlier this year, the community questioned that HashKey token HSK was not repurchased and destroyed as required by the white paper. The "Repurchase/Destruction" data in the HashKey Group HSK page is 0. The Hashkey trading platform said it will announce the destruction results on the 11th day of each quarter. HSK is launched in November 2024. On April 11 this year, HashKey issued an announcement stating that the HSK token destruction plan will be regularly evaluated and announced to the public when applicable. The community understands that HSK has not repurchased or destroyed at present.