Khamzat Chimaev’s Smash Token Faces Insider Trading Allegations
Insiders and developer accounts hold most of Khamzat Chimaev’s Smash (SMASH) crypto token, which raises concerns about insider trading for the celebrity memecoin. Chimaev, a prominent mixed martial artist and UFC contender, has initiated Smash, a memecoin. It is headquartered in Solana. According to an analysis conducted by the well-known onchain investigator, the purchase of […]
Binance Announces $5M Reward for Tip-offs on Insider Trading
Binance crypto exchange intends to pay individuals with a pledge of $100,000 to $5 million for information about insider trading or corruption within the exchange. Binance announced on March 16 that it would incorporate the Solana-based memecoin Book of Meme (BOME) into its exchange portfolio. The Turkish lira, Bitcoin, Tether, and First Digital USD were […]
Binance freezes over $2M in alleged insider trading scandal
Crypto exchange Binance has recently frozen over $2 million in assets linked to an alleged insider trading scandal. The biggest cryptocurrency exchange in the world by trading volume, Binance, has recently come under fire from all sides. Another report on allegedly insider trading practices that use the information with token listings and make money has […]
Thai SEC claims CTO of Bitkub engaged in insider trading
The Thai financial regulator stated that Mr. Wajanasathian’s actions were illegal since they constituted the purchase of KUB coins by someone who had inside knowledge or information. The Thai Securities and Exchange Commission (SEC) has launched enforcement actions against Bitkub’s chief technology officer for allegedly exploiting insider knowledge to buy Bitkub Coin (KUB). The SEC […]