Over 12 wallets, termed “insiders” by the on-chain analytics tool Lookonchain, purchased 24 million Ethereum WIF tokens for $3,000 in ether. This purchase was in the same block where the deployer opened trading – implying the trader knew precisely when the tokens would be issued and traded, Lookonchain said.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: https://www.coindesk.com/markets/2024/02/05/apparent-insiders-make-millions-after-grabbing-ethereum-version-of-dogwifhat/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
More from CoinDesk
First Mover Asia: The Next Avraham Eisenberg Isn’t Going to Be a ChatGPT Powered ‘Script Kiddie’
Source Node: 1891340
Time Stamp: Jan 11, 2023
New Form 1099-DA: What it Means for Digital Asset Brokers and Their Customers
Source Node: 2388957
Time Stamp: Nov 17, 2023
Venezuela Ends Controversial Petro Cryptocurrency: Reports
Source Node: 2442012
Time Stamp: Jan 15, 2024
EU Parliament Approves Data Act With Smart-Contract Kill Switch Provision
Source Node: 2374721
Time Stamp: Nov 9, 2023
First Mover Americas: Bitcoin in Stasis Ahead of Powell Speech; Coinbase's cbETH Trades At Discount to Ether
Source Node: 1643646
Time Stamp: Aug 26, 2022
Voyager Creditors Billed $5.1M for March-May by Law Firm
Source Node: 2157719
Time Stamp: Jul 4, 2023
Circle Scrambles to Right USDC After Signature Bank Failure
Source Node: 2007566
Time Stamp: Mar 12, 2023
First Mover Asia: Why Did Bitcoin’s Price Hold Above $27K Over the Weekend? Two Analysts Expect Continued Resilience
Source Node: 2120987
Time Stamp: Jun 4, 2023
Brazil’s Securities Regulator Allows Investment Funds to Invest in Crypto
Source Node: 1784187
Time Stamp: Dec 23, 2022
Solana, Avalanche, Chainlink Tumble 8%-12% as Crypto Rally Cools Amid Fake BlackRock XRP Trust Filing
Source Node: 2381112
Time Stamp: Nov 13, 2023
British Columbia Court Backs Ban on Crypto Mining in Canadian Province
Source Node: 2470538
Time Stamp: Feb 6, 2024