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Showing posts with the label insider trading

Mantra Token Crash: Liquidations or Insider Trading?

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The Mantra token crash has just shocked the crypto community as the OM token plunged over 90% in a single hour on Sunday, and right now investors are still reeling from the impact. The token, which was trading at nearly $6, suddenly dropped to below $0.4, and this has really raised some serious questions about cryptocurrency market volatility, as well as potential liquidation risks and also possible insider trading accusations. Also Read: Nvidia (NVDA) Citi Cuts Price Target to $150: Here’s Why Is Mantra Token’s 90% Drop A Result Of Market Volatility Or Insider Influence? Source: changenow.io This dramatic Mantra token crash happened during a period of low liquidity on Sunday evening UTC, which was actually early morning in Asia, and this timing has certainly added fuel to the speculation about market manipulation. At the moment, project representatives are trying to address the growing concerns about cryptocurrency market volatility and the integrity of the project. John Patrick ...

LIBRA co-creator Hayden Davis caught cashing out millions, report

LIBRA creator Hayden Davis has “shamelessly” cashed out over $1.6 million in stolen funds made from trading the currency, according to crypto analyst “dethective.” Dethective shared transactions from March 6 that showed wallets unstaking $900,000 from Kamino Finance and converting it into USDC. Another $741,000 dollars was converted yesterday, using funds from LIBRA and other “scams,” according to the Dethective’s research.   The analyst said, “I’ll keep posting because there’s no way they get away with zero consequences.” Dethective also claims that Davis is “farming kamino points” using $1.4 million that was sourced from LIBRA, Melania Trump’s MELANIA memecoin, and “others.”  Davis was a crypto advisor to Argentina’s president Javier Milei, and reportedly made over $100 million trading LIBRA through his firm Kelsier Ventures.  Influencer accused of LIBRA insider trading flees country over death threats Read mo...

Monster insider trading alert on Trump crypto reserve announcement 

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President Donald Trump has announced the creation of the United States Cryptocurrency Strategic Reserve to fulfill one of his election campaign promises. In the announcement, Trump named five cryptocurrencies– Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA)- that will be part of the reserve, as he said in a Truth Social post on March 2. Trump’s announcement on crypto reserve. Source: Truth Social According to Trump, he has directed the Presidential Working Group to move forward with the initiative. Consequently, the move has ignited a significant capital inflow into the market, reversing the recent bearish sentiment that had engulfed the sector. Picks for you Why XRP's next move is a drop to $1 5 hours ago ...