ZachXBT questions a certain entity as an insider: linked to multiple BSC token manipulation incidents, ESPORTS plummets 93% in a single day
Foresight News reported that on-chain investigator ZachXBT stated in a post that an entity received ESPORTS, RIVER, and LIGHT tokens via a Sablier vesting contract and is directly linked to the signers of the three LAB multisigs. This entity had previously been named by ZachXBT for involvement with LAB and RIVER, while ESPORTS experienced a 93% single-day crash on a centralized exchange earlier today. ZachXBT questioned whether this entity is merely "lucky" or an insider, and pointed out that all four BSC tokens had shown signs of market manipulation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Apple (AAPL.US) downgraded to "Hold" by Loop Capital: iPhone shipment cuts likely difficult to offset, valuation at five-year high
Loop Capital downgraded Apple's rating due to concerns over iPhone shipments.

LS Electric Q3 Operating Profit Rises 131.71% Year on Year

Micron Technology (MU.US) invests in expanding Indium’s New York plant: Restarts domestic processing of critical minerals, secures long-term supply of high-purity materials
Micron Technology is investing in the critical minerals processing sector to enhance the U.S. supply chain ecosystem.

Deputy Governor of the Reserve Bank of Australia warns of “significantly worsening” inflation outlook; probability of rate hike in November rises to 43%
Hauser stated on Wednesday that Australia’s inflation outlook appears “significantly worse” than the Reserve Bank of Australia’s forecast in August, mainly due to rising oil and technology product prices, as well as persistent domestic pressures.
