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Moonrock Capital Founder Alleges Coinbase Acquisition of VECTOR Involves Insider Trading, $TNSR Plummets 40% After 8x Surge in Two Days
Summary: In a tweet, Moonrock Capital founder Simon Dedic claimed that the Coinbase acquisition of VECTOR was a clever internal pump. $TNSR surged 8x in the market's two-day downturn, only to plummet 40% after the announcement. Additionally, the actual developers behind Vector, the Tensor Foundation, appear to remain independent of the acquisition, including the token. While ...
In a tweet, Moonrock Capital founder Simon Dedic claimed that the Coinbase acquisition of VECTOR was a clever internal pump. $TNSR surged 8x in the market's two-day downturn, only to plummet 40% after the announcement. Additionally, the actual developers behind Vector, the Tensor Foundation, appear to remain independent of the acquisition, including the token. While there is no official announcement yet, it is essentially confirmed that Tensor will cash out a significant undisclosed amount, leaving $TNSR holders with nothing. This is a case of severe misalignment between equity and token value. Simon Dedic concluded by urging that tokens should be equivalent to on-chain equity.
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Link: Moonrock Capital Founder Alleges Coinbase Acquisition of VECTOR Involves Insider Trading, $TNSR Plummets 40% After 8x Surge in Two Days [Copy]
