The Celestia Foundation's OTC coin selling behavior has faced criticism from the community, raising doubts due to the lack of timely and transparent disclosure

ChainCatcher news reports that, according to Wu, the community widely criticizes the Celestia Foundation's OTC token sales for not providing any necessary transparent disclosures to the community. It is believed that they have disguised the token sales as favorable financing news, leading retail investors and the community to buy in. The community thinks that the foundation or team should promptly disclose valuations and ownership for such actions and accurately indicate that this is an over-the-counter transaction rather than financing.

Information obtained by Wu indicates that the price for the TIA OTC token sale is $3, with one-third unlocking on October 31, and the remaining portion unlocking linearly over the next year. The market response to the sale has been very enthusiastic, with many institutions hoping to acquire shares ultimately not receiving any or only receiving a very small portion.