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KOL Reveals: Alleged ATH Executives and Investors Collaborate to Short Sell Against Founder, Setting Up Large Short Positions and Dumping Spot Market
Summary: According to KOL Crypto Fearless, insider information on the recent sharp drop in ATH has been received from multiple sources, with two versions: Version one: After the founder pumps the market, they then dump and short sell. They spread insider information about the upcoming bullish trend through investors, institutions, partners, and industry insiders to unload ...
According to KOL Crypto Fearless, insider information on the recent sharp drop in ATH has been received from multiple sources, with two versions:
Version one: After the founder pumps the market, they then dump and short sell. They spread insider information about the upcoming bullish trend through investors, institutions, partners, and industry insiders to unload at high levels.
Version two: Internal executives at ATH, dissatisfied with unequal profit sharing by the founder, allegedly colluded with VC investors to short sell, becoming the counterparty to the founder's fundraising efforts.
It is claimed that these internal executives, along with the boss and other colleagues, were fully involved in and aware of all positive developments, such as the $350 million DAT financing. During the peak of the market, they reportedly set up large short positions, coordinated with spot market selling, and ultimately caused a community-wide crash. Additionally, the team allegedly leaked detailed daily meetings and positive actions through well-known whistleblowing bloggers like Coin Circle Encyclopedia, creating a negative sentiment through exposure by bloggers.
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Link: KOL Reveals: Alleged ATH Executives and Investors Collaborate to Short Sell Against Founder, Setting Up Large Short Positions and Dumping Spot Market [Copy]