Gate News reports that on March 25, an official from a certain centralized exchange (CEX) posted on social media stating that earlier today, a Polymarket trader held a large number of open positions, believing that BP’s FDV one day after TGE would exceed $200 million. As the resolution window approaches and BP’s price hovers around $0.19, it appears that a specific trader has been heavily buying BP tokens, attempting to push the price above $0.20 to gain an advantage in their Polymarket trades. The CEX team immediately launched an investigation. The results showed that these traders are not insiders; they are not employees, directors, executives, or advisors of the CEX, nor do they have any connection to the CEX. The CEX stated that it maintains zero tolerance for any form of insider trading.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
