Kled Founder Accuses Believe Founder of Continued KLED Token Dumping

**December 17 – Avi Patel, founder of Solana-based AI project Kled, has accused Ben Pasternak, founder of Believe, of ongoing KLED token dumps on the open market.** Patel claims Pasternak has consistently sold millions of KLED tokens over the past seven days using a dollar-cost averaging (DCA) strategy. Under the vesting agreement, Pasternak held more than 6% of KLED’s total supply—tokens accumulated since Kled exited Believe in July. Patel noted Pasternak explicitly promised never to sell KLED on the open market, instead opting for over-the-counter (OTC) trades or token burns for liquidity. On September 25 (Kled’s mobile app launch day), major token sales were traced to Pasternak’s public wallet. Patel explained Pasternak transferred the tokens OTC to an undisclosed third party, who then dumped over 1% of KLED’s total supply on the market. The Kled team responded with an OTC buyback at a ~$27 million valuation, reducing Pasternak’s stake to roughly 3.5%. Roughly a week ago, Pasternak resumed market sales. Kled organized another OTC buyback, cutting his holdings to approximately 1.7%. Reports indicate Pasternak currently holds 2-3 million KLED tokens and continues to sell them.