On March 15th, NFT Ethics, a leaking account focused on Web3, posted several purchase records and addresses on social media. A series of evidence pointed out that someone learned about the news before BAYC parent company Yuga Labs acquired CryptoPunks and Meebits, and a large number of Hoarding related series of NFTs, Rhythm has organized and translated the content of its posts. The following is the original text:
We haven’t been as active lately because things are starting to get very predictable in the NFT space. We had long guessed that Yuga Labs would acquire Larva Labs IP (we look forward to further direction and participation from a16z)
Twitter’s head of consumer product marketing, @TheSmarmyBum, bought Meebits long before the YugaLabs announcement, and we look forward to hearing his thoughts on insider trading in this space.
And there’s TikTok’s former marketing executive, @atsignnick, whose wallet is used to fund another wallet that buys Meebits. Earlier this year, he appeared to be fired from TikTok for “proposing too many outrageous projects.”
The existence of social media allows these public figures, KOLs, to rely on their words to influence the market, and even promote scam projects, and obtain benefits from them.
There are other “smart” industry insiders who used the new wallet to buy a lot of Meebits before the acquisition was announced, including:
The SEC’s rules have not yet been applied to the NFT space, but ironically, those who “abuse” “decentralized systems” will also accelerate the regulatory progress of the industry. There will always be a balance between individual freedom and collective responsibility.
Posted by:CoinYuppie，Reprinted with attribution to:https://coinyuppie.com/meebits-rat-barn-has-the-news-of-the-bayc-acquisition-leaked-ahead-of-time/
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