Meteora executive responds to insider trading speculation: risk control mechanisms have been established, and the relevant situation was "not known in advance"
BlockBeats News, on February 26, Solana protocol Meteora lead Zen @realdezen stated that since taking over last March, the team has taken insider trading risks seriously and has already established practical safeguards.
Zen said that Meteora is a permissionless platform, and over the past 12 months, the main focus has been on improving the robustness and reliability of the infrastructure, so that projects can go live without manual intervention from the team. As a result, the team only became aware of some situations after certain projects were launched or integrated. In related prediction markets, Meteora once became the most probable and top-ranked guess.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Stellar network stablecoin transfer volume increases by 50%, supply decreases by 11.7%
The U.S. Treasury market remains overheated! Besent expands repo program, emphasizing "this is not quantitative easing"
U.S. Treasury Secretary Janet Yellen stated on Tuesday that the Treasury's decision last month to expand the buyback program for older-dated U.S. Treasury bonds was mainly aimed at "cooling down" the bond market, which has been heating up recently, and helping the market return to a more balanced state.

Lupatech ratifies Mipel’s BRL 1.59 million private commercial note issuance
