Infinex Announces Token Sales Changes in TGE Failure; Insider Trading Concerns

Infinex, a crypto wallet super app, started its long-awaited token sales on January 3, with a worse-than-expected first 24 hours. The team now announced some changes to the token generation event (TGE), listening to community feedback—which impacted prediction bets on Polymarket, raising insider trading concerns. In a post that starts with “We got the sales wrong,” on January 5, the Infinex official account explained that seeking a balance between “existing Patron holders, new participants, and fair dist ...