Blockchain investigator ZachXBT has responded to community concerns about his advance announcements of insider trading investigations potentially allowing involved companies to place insider bets on prediction markets. ZachXBT explained that during the investigation process, interviews with certain individuals are necessary, which may lead to unavoidable information leaks.
When questioned about the rationale behind making such announcements despite the risk, ZachXBT noted that prediction markets did not previously have the same level of relevance and popularity. He also highlighted that he had never before posted a teaser that went viral, garnering 8 million views and 27,000 likes. Regarding future announcements, ZachXBT stated that it would depend on the type of investigation.
ZachXBT Addresses Concerns Over Insider Trading Investigation Announcements
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
