New Type of Insider Trading Allegation in Cryptocurrencies: May Be on the Radar of the SEC!

Cryptocurrency derivatives platform Hegic may have made $17 million in profits in a short time with insider trading.

Cryptocurrency derivatives platform Hegic recently launched a series of interconnected projects. insider trading He made millions of dollars in profits by investing amid his allegations.

According to CoinDesk, the strategy in question is not only a smart transaction but also a dangerous one. Experts, Hegic’s US Securities assets And Stock Exchange Commission (SEC) by An investigation that may be the first of its kind He thinks it might be included.

Profitable strategy run by Molly Wintermute, developer of Hegic earned 17 million dollars It is estimated that it may happen. Molly Wintermute, also known as Whiteheart, according to Hegic as sole developer is available.

Wintermute stated in the past weeks that it will no longer develop it. 28 million dollar treasure to investors return will And will close the platform he said. With the news in question, those who want to profit from the treasury liquidation can buy Whiteheart’s token. almost like WHITE attacked and for $3,500 to reach caused.

However, Hegic was the one who made the most profit in this process. According to Blockchain data, from the closure announcement in 3 days Hegic first, WHITE had purchased one-third of its supply. With its previous acquisition, the company almost half of the token had it. In this case, the company $17 million One insider trading It may cause you to get into trouble.

Nejat Seyhun from the University of Michigan, decentralized finance (DeFi) He stated that there is a legal zone in the protocols.

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