As if things weren’t getting bad enough in cryptocurrencies, now the counter for insider trading disclosures has been started. BTC He is having difficulty protecting $64 thousand, and on February 26, ZachXBT says he will make one of his biggest disclosures. cryptocurrencies This week will be very active for you.
Cryptocurrency Disclosure
ZachXBT We hear his name in almost every cryptocurrency hacking case. He is one of the most popular on-chain detectives and we have even seen IRS agents harassing him for training due to his skills. He is a successful name in a niche field and wrote the following in his post today;
“Crypto “A large-scale investigation into one of the most profitable businesses in the sector, where many employees gained unfair profits by leaking inside information over a long period of time, will begin on February 26.”
In the past, everyone would want to know who committed this crime and the only reason would be to condemn it. But now everyone is pushing Zach to take a position in the prediction markets, and this explains very well what cryptocurrencies are in.
Who is to blame?
The USD1 stablecoin experienced serious selling and fell below $1. We remember this stablecoin issued by Trump’s family from the news of the half-billion-dollar UAE bribe. So why did the peg lose? Because Eric Trump started deleting his posts on WLFI.
The analyst with the pseudonym Retardmode shared the deleted tweets as above and explained who Zach would expose.
“This is clearly a revelation from WLFI/bonk.
It’s no coincidence that Eric Trump is currently deleting WLFI posts. “The Trump administration is not only looting the treasury, they are also trying to squeeze every penny they can by collaborating with the worst criminals in the crypto space.”
There was a new incident that increased suspicions. About 5 hours ago, after all these events, WLFI announced that they were “under attack”.
“There was a coordinated attack against USD1 this morning. Attackers hacked the accounts of WLFI co-founders, paid influencers to spread FUD, and opened large amounts of WLFI short positions to profit from the chaos created.
However, this plan did not work. Thanks to USD1’s robust minting and redemption mechanism and full 1:1 support, we are trading steadily at parity. No scammer can shake the long-term commitment of the entire WLFI team and its co-founders to USD1.
“We recommend that users only trust verified channels for accurate information.” – @worldlibertyfi
So what happens now? On February 26, ZachXBT will make its disclosure and we will see whether the Trump family is really involved. Considering the FUD carried out against Binance for the last 1-2 months, the issue may even be Binance. Their rivals see this period as an opportunity to weaken the largest exchange in terms of volume, and if there are people doing insider trading in the Binance exchange (which can happen in any exchange, they are terminated when they are detected), their rivals may have wanted to create such a story by leaking this to Zach. The potential for FUD to revolve around WLFI or Binance by Thursday will herald bigger losses for cryptocurrencies.
in UAE USD1 half a billion dollars with his hand WLF It was claimed that the Binance exchange played a role in the share sale. From this perspective, the risk is not small. Meanwhile, a meme coin named USD0 has emerged, it is extremely volatile, but it may continue to fluctuate during this period. It was launched with the implication that USD1 would go to zero after losing peg, and alternatives would also flood the market.
