ye(@kanyewest) launched the $YZY token. Note:Only $YZY was added to the liquidity pool with no $USDC.Dev may sell $YZY by adding/removing liquidity, similar to $LIBRA.Multiple insider wallets prepared funds in advance and immediately bought $YZY.Insider wallet 6MNWV8 knew the contract address in advance and even tried buying yesterday.6MNWV8 spent 450,611 $USDC to buy 1.29M $YZY at $0.35 today and sold 1.04M $YZY for $1.39M, leaving 249,907 $YZY($600K), with a profit of over $1.5M.https://t.co/m9ruY0PxcT ...

JUST IN: 🇺🇸 President Trump slams Nancy Pelosi, accusing her of insider trading."[She] beat ALL of the super geniuses on Wall Street.. it's all inside information." https://t.co/k1yFdAFddo ...

So basically...>CEO of Figma FUD'd his own company for insiders to get better entry>60% of supply to early employees>no lockup or vesting on any of the tokens, erm...'shares'>lined up KOLs to bullpost the launch>Dumped on retail after a 5xSo basically IPOs are just bundled launchpad shitters in real life.Game is gameTechmeme (@Techmeme):Source: Figma considered a higher IPO price, but its CEO wanted to bring on board certain long-term institutional shareholders and signed off on $33 per share (@anthug / Blo ...

Legal & Compliance - US court overturns ex-OpenSea exec Nathaniel Chastain NFT insider trading conviction due to flawed jury instructions [1] NFT Market - The case involves NFT insider trading, highlighting regulatory scrutiny in the NFT space [1]

Legal & Regulatory - The 2nd U S Circuit Court of Appeals overturned the wire fraud and money laundering convictions of former OpenSea product manager Nathaniel Chastain [1] - Prosecutors had described the case as the first insider trading case involving digital assets [1]

JUST IN: 🇺🇸 Nancy Pelosi says she does not engage in insider trading and has 'no concerns' about her past investments. https://t.co/LIle7THrLN ...

JUST IN: 🇺🇸 President Trump says Nancy Pelosi should be investigated for insider trading. https://t.co/FoZA2CezdZ ...

Plus CloneX was - since its mint - always known for insider trading haha ...

Insider Activity & Profitability - Insiders sold 255 billion tokens, valued at $141 million, within 5-9 days post-TGE [1] - The team generated a profit of $3965 million from these sales [1] - Insiders initially held 40% of the total token supply, which was fully liquid from the start [1] Wallet Transactions & Token Movement - One wallet (Wintermute) sold 125 billion tokens for $672 million in just two days [1] - Another wallet moved 125 billion tokens through 13 separate transfers [1] - A third wallet sold 83 billion tokens worth $405 million by July 21 [1] - 13 billion tokens were transferred to FalconX, an institutional OTC desk, and another 125 billion to centralized exchanges [1] Market Impact & Price Fluctuation - The token price peaked at $00069 but has since decreased to $00025 [1] - Market capitalization decreased from $4 billion to $252 billion, potentially resulting in losses for most retail buyers [2]

A Supreme Court judge ordered an investigation into potential insider trading in Brazil’s currency markets around the announcement of US tariffs on Brazilian goods https://t.co/XQM3HpywzU ...