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Report: During EOS's $4.4 Billion ICO In 2018, 21 Crypto Addresses Had "Suspicious Transactions"
Summary: A new paper jointly published by John Griffin, a professor at the University of Texas Austin McCombs School of Business and analysis company Integra FEC, stated that during EOS's $4.4 billion ICO in 2018, there exist "suspicious transactions" and potential violations behavior. In the article, Griffin identified 21 crypto addresses that participated in regular and ...
A new paper jointly published by John Griffin, a professor at the University of Texas Austin McCombs School of Business and analysis company Integra FEC, stated that during EOS's $4.4 billion ICO in 2018, there exist "suspicious transactions" and potential violations behavior.
In the article, Griffin identified 21 crypto addresses that participated in regular and unusually large purchases of EOS tokens and then quickly sold off. The article estimated that these addresses made a total of $814.6 million in this way, and pointed out the actual amount may be much higher.
EOS was founded by Dan Larimer, CTO of Block.one, and entrepreneur Brendan Blumer, it is also supported by billionaire investors such as Peter Thiel.
EOS tokens reached a peak of $21.54 in April 2018, but the current trading price is approximately $5.48.
Block.one's crypto exchange Bullish recently signed a $9 billion deal with a special purpose acquisition company and plans to go public later this year.
By Mary Liu
Tags: Block.one,Bullish,Cryptocurrency,EOS,ICO
Link: Report: During EOS's $4.4 Billion ICO In 2018, 21 Crypto Addresses Had "Suspicious Transactions" [Copy]
