PA Daily | FTX's next round of repayment allocation will begin on May 30; CZ will donate all tokens received in the wallet
Reprinted from panewslab
02/19/2025·2MToday's news tips:
Google is exploring the use of the Google Login feature to log in to a Bitcoin wallet
Strategy Announces Issuance of $2 billion convertible bonds to Support Future Bitcoin Purchase
US SEC confirms receipt of Bitwise's spot XRP ETF application
Curve founder's new project Yield Basis raises $5 million in funding at $50 million token valuation
Binance Alpha launches BROCCOLI (f2b), CZ'S DOG and Broccoli (f3b)
FTX's next round of repayment allocation will begin on May 30
Zhao Changpeng: All tokens received in the wallet will be donated
Regulatory/Macro
According to the latest regulatory roadmap "ASPI-Re" released by the Hong Kong Securities Regulatory Commission (SFC), Hong Kong will further improve the supervision of virtual assets market to balance innovation and risk management. The global virtual asset market exceeded US$3 trillion in 2024. SFC has established a series of regulatory mechanisms since 2018, including the Virtual Asset Trading Platform (VATP) license and the first batch of spot ETFs in Asia. However, the market still faces problems of liquidity fragmentation, regulatory arbitrage and investor protection. The roadmap includes five pillars: market access, security guarantees, product innovation, infrastructure construction, and relationship management, and proposes 12 measures, such as optimizing the license system, Promote OTC and custody services supervision, research and allow professional investors to trade derivatives and staking, strengthen market monitoring and cross-border cooperation. The SFC stressed that the framework will promote Hong Kong to become a trusted virtual asset liquidity center while ensuring market stability and investor protection.
Coinbase and several of its executives have been litigated by shareholders, accusing them of misleading investors about the risk of company bankruptcy and violating securities laws, Cointelegraph reported. Coinbase shareholder Wenduo Guo said in a lawsuit filed in a federal court in New Jersey that Coinbase and its leadership failed to disclose that client assets could be considered part of Coinbase’s bankrupt property, thus making retail clients unsecured creditors. The lawsuit noted that at least 75 crypto exchanges went bankrupt before Coinbase went public in April 2021, leaving customers of those exchanges unable to recover their digital assets. “Despite repeated denials by the company’s management, Coinbase is not different in terms of the risk of loss of digital assets in the event of bankruptcy.” The lawsuit also claimed that Coinbase did not disclose its own transactions to compensate for the decline in cryptocurrency prices, which the lawsuit claimed was A "risk act of using company funds to trade assets." Wenduo Guo's lawsuit also mentioned a lawsuit filed by the US SEC against Coinbase in June 2023, accusing the company of listing unregistered securities and not registering with the institution. The lawsuit alleges that several executives, including CEO Brian Armstrong, sold millions of shares and made hundreds of millions of dollars in personal profits. Wenduo Guo claims that these actions have caused huge losses, regulatory penalties, litigation and reputational damage to Coinbase. The lawsuit calls for a jury trial and seeks compensation and corporate governance reforms to prevent similar misconduct from happening again.
According to Lookonchain monitoring, Dave Portnoy (@stoolpresidente) created Greed and purchased 357.92 million Greeds (35.79% of the total supply). He sold all 357.92 million Greeds in one transaction, causing Greed's price to plummet by 99%. And he made a profit of about $258,000 through Greed. Next, Dave Portnoy created Greed2, which currently holds 268.25 million Greed2s (26.8% of the total supply). Please make sure your funds are safe and beware of risks.
According to The Daily Hodl's signing of Barron's magazine, the company is setting up a new executive position as financial services giant Charles Schwab expands its business tentacles into crypto asset investment. This new position is Digital Assets Director, who will be responsible for Schwab's overall crypto asset strategy. Joe Vietri, who once served as the network head of the financial services giant's branch, will serve as the first digital asset director. Schwab Management's total customer assets reach approximately US$10.33 trillion, and has provided customers with access to cryptocurrencies through regulated products such as Bitcoin spot ETFs, which were approved in the United States in January 2024. Under Vietri, the financial services giant is planning to expand its cryptocurrency product range. During last month's fourth-quarter earnings call, Worst said Schwab's clients are increasingly interested in crypto assets.
Google is exploring the use of the Google Login feature to log in to a Bitcoin wallet
According to Crypto Briefing, Google Cloud Asia Pacific Web3 expert Kyle Song's speech at the Hong Kong Bitcoin Technology Carnival revealed that Google is committed to making Bitcoin wallets as user-friendly as Web2 applications, and Google's vision is to enable users to use existing ones The purpose of logging into the Bitcoin wallet with Google account is to make Bitcoin closer to mainstream users. Song said that the launch of the spot Bitcoin ETF in 2024 has opened up a more convenient path for large Web2 companies such as Google to enter the Bitcoin industry. The tech giant has been working with companies and developers in the Bitcoin space since last year. "We are exploring ways to lower the barriers to entry so that Web2 users can easily use Bitcoin," Song said. Speaking about bridging the technological gap between traditional finance and blockchain-based finance, Song noted that Google is focusing on Improved security. "We are also working on solutions to solve the trust problem between on-chain and off-chain systems. Google is particularly considering how advanced encryption technologies such as Zero Knowledge Proof-of-Knowledge (ZKP) can be used to improve reliability," Song said.
John Reed Stark, a former U.S. SEC official, posted on X platform that the SEC's lawsuit against Coinbase may be over as the regulator's newly formed cryptocurrency task force is seeking to resolve previous enforcement actions against the exchange. Stark explained why the SEC requested an extension of 28 days to respond to Coinbase's petition requesting permission to appeal. It said: "Under the 3-page joint motion, the SEC's review of cryptocurrency-related issues is 'in progress' and the extension will give the SEC time to conduct 'proper review' as it is preparing for the Coinbase petition. Reply. In other words, the SEC's lawsuit against Coinbase may have ended. "Stark estimates that the SEC's lawsuit against Binance will also have the same result. He cited a joint motion filed on February 11, where both sides believed that the SEC's cryptocurrency task force "could affect and facilitate a potential settlement of the case." The same is true for Ripple, which has been deeply involved in the SEC lawsuit since 2020, “All cryptocurrency-related appeals, including those in Ripple’s case, are expected to be suspended and even more likely to be withdrawn altogether.”
Howard Lutnick, who supports cryptocurrency, has been approved by the Senate as U.S. Secretary of Commerce, Cointelegraph reported. He has hundreds of millions of dollars in the Bitcoin space.
Crypto custody company BitGo adds OTC business and is considering IPO
According to Bloomberg, crypto custody company BitGo Inc. has launched a global digital asset over-the-counter trading platform as it plans to go public. BitGo has expanded this business as cryptocurrency prices rise and institutional investors such as hedge funds increase their demand for cryptocurrencies. Earlier this month, people familiar with the matter revealed that the company was considering an initial public offering. BitGo said in a statement Tuesday that the OTC help desk will provide spot and options trading services to institutional investors as well as loan services to facilitate margin trading. Since the beginning of last year, the company has started serving some of its selected customers, with transaction volumes reaching billions of dollars and loan books exceeding $100 million. In addition to the United States, the transaction desk can be used in other jurisdictions including Hong Kong and the Middle East countries.
Bullish obtains Hong Kong virtual asset trading platform license
According to the Xinbao report, the Hong Kong Securities Regulatory Commission has approved a virtual asset trading platform license. The latest virtual asset trading platform Bullish has been approved, increasing the number of licensed virtual asset trading platforms in Hong Kong to 10. Bullish senior vice president and global sales leader Andy Lau said in an interview with our newspaper earlier that Hong Kong is an important business point and currently has more than 100 employees in Hong Kong, hoping to focus on institutional business after getting the license. It is worth noting that Bullish has acquired comprehensive media, events and index platform CoinDesk earlier. Currently, there are 8 platforms on the list of applicants for virtual asset trading platforms. Ye Zhiheng, executive director of the Intermediary Institutions Department of the China Securities Regulatory Commission, said a few days ago that the market's standards for issuing licensing in the China Securities Regulatory Commission are becoming clearer and new licenses will be approved, but whether all applicants will be accepted. All licenses are obtained, depending on whether they meet the requirements.
US SEC confirms receipt of Bitwise's spot XRP ETF application
According to The Block, the U.S. Securities and Exchange Commission (SEC) confirmed on Tuesday that Cboe BZX Exchange, a subsidiary of the Chicago Options Exchange Group, submitted an application for listing and trading of Bitwise's spot ETFs. In a document confirming the proposal, the SEC requested that the document be submitted within 21 days from the date of publication in the Federal Register. After that, the agency may decide to approve, disapprove, or “initiate the process.” The 19b-4 file is the second step in the two-step process of proposing to the SEC to encrypt ETFs. Once confirmed, the document will be published in the Federal Gazette, thereby starting the SEC approval process. The SEC has previously confirmed the XRP spot ETF application submitted by 21Shares and Grayscale, but has not confirmed the applications of Canary Capital and WisdomTree. According to Bloomberg ETF analysts James Seyffart and Eric Balchunas, the probability of XRP-based ETFs is 65%.
LIBRA token Hayden Davis claims he has bribed the Argentine president's sister
According to CoinDesk, a key figure behind Libra tokens boasted that he had already spent money to open up the way to enter the core circle of Argentine President Javier Milei, months before the meme coin was plagued by scandals and failed to issue. According to the text messages reviewed, Kelsier Ventures CEO Hayden Davis claimed that he could "control" Milei because he had been paying money to Karina Milei, a heavyweight in the Javier Milei administration, and the president's sister. Davis claimed in a text message in mid-December that “I controlled that guy,” adding, “I send money to his sister and he will sign whatever I say and act as I want.” It is unclear whether there was a money deal between Davis and Milei's core circle before the release of Libra. In a text message last December, Davis claimed that he could allow Milei to promote related projects on social media. Two months later, Milei's tweet about Libra fueled its price surge. But after discovering on-chain evidence that there was a suspicious transaction, Milei deleted it just five hours after the tweet was posted, and Libra's price had plummeted. In response, Libra token co-founder Hayden Davis denied bribing the Argentine president in a statement, saying media reports were "politically motivated." Asked if he denied making such allegations via text messages, his PR representative said there was no memory or record on Hayden's phone.
Strategy Announces Issuance of $2 billion convertible bonds to Support Future Bitcoin Purchase
According to The Block, Strategy (formerly MicroStrategy) said Tuesday it plans to issue $2 billion in zero-interest convertible premium bonds hours after issuing earnings warnings. Strategy intends to use the proceeds from the issuance for general corporate purposes, including the acquisition of Bitcoin. Unless they are repurchased, redeemed or converted in advance, these bonds will expire on March 1, 2030. According to the announcement, Strategy will settle the conversion in cash, Class A common stock or a combination of both. Strategy also plans to grant initial buyers the option to purchase up to $300 million in additional bonds within five business days of issuance. Earlier on Tuesday, Strategy issued a profit warning in a 10-K filing file with the U.S. SEC, due to the potential tax burden that could increase. Strategy reviewed the net loss for the fiscal year ended December 31, 2024, mainly due to the impairment loss of digital assets of US$1.79 billion. The company warned that “profitability may not be restored in the future”, especially if there is a significant fair value loss in its Bitcoin holdings. It added that a sharp drop in the value of the Bitcoin market could have an adverse impact on the company's debt repayment ability. Strategy said its enterprise analytics software business did not generate positive cash flow in 2024 and the company may need to rely on equity or debt financing to meet its financial obligations. The success of such financing depends largely on the market value of its Bitcoin holdings, and a sharp decline in Bitcoin’s value could trigger liquidity risks that could force companies to sell Bitcoin at unfavorable prices. The company explained that this could have a significant impact on its financial performance and future financing prospects. Strategy acquired approximately 258,320 BTC in 2024. The company currently holds 478,740 BTC worth over $46 billion after its latest acquisition between February 3 and 9, 2025.
Financing
According to official news, Cygnus, a modular income layer, announced that it has completed a US$20 million Pre-Seed round of financing, with Manifold, OKX Ventures, Mirana Ventures, Optimism Retro Funding and others participating in the investment. The financing will accelerate Cygnus' growth and expand its product range. According to reports, Cygnus is a modular real-life income layer, allowing blockchains to customize their own restaked network and achieve shared security. In addition, Cygnus is building the first Web3 Instagram application layer, integrating on-chain and off-chain assets to power the creator economy.
Curve founder's new project Yield Basis raises $5 million in funding at $50 million token valuation
Michael Egorov, founder of decentralized exchange Curve Finance, is working on a new project called Yield Basis and has raised funds for it, The Block reported. Yield Basis aims to help tokenized Bitcoin and Ethereum holders earn profits through market making by mitigating impermanent losses, according to a presentation on January 11, 2025. Yield Basis raised $5 million in a token round at a fully diluted $50 million valuation, the presentation reads. The project will sell 10% of its "YB" token supply to investors, or 100 million of the total of 1 billion tokens. Investors’ token unlocking schedule includes a six-month lock-up period followed by a linear unlock of two years. Yield Basis started the fundraising process last month and raised funds within two weeks; investors' interest was "huge" and this round of financing was "oversubscribed 15 times." When contacted for comment, Egorov confirmed that he was working on the Yield Basis project and had raised funds at the valuation mentioned above. He also verified the details in the presentation. The token YB of the project will be assigned to different categories. According to the presentation, 30% of the total supply is allocated to community incentives and will be allocated through liquidity mining. Other allocations include 25% for the team, 15% for development reserves, 10% for Curve technology authorization and 10% for cooperation. "Curve technology licensing is likely to be used to vote for the crvUSD stable pool. This seems to fit the Curve ecosystem best and also help YB." Egorov also revealed that Yield Basis is currently in the "production testing" stage and is being launched in full swing The liquidity pool is under test and audit before, but the entire system, including tokens, will take longer to roll out.
AI
According to people familiar with the matter, Elon Musk's social media company X is negotiating with investors to raise funds at a valuation of $44 billion, the same price as Musk's acquisition of the company in 2022. The round of financing will be a major turnaround for the social media giant after Musk's acquisition and reforms have led many users and advertisers to flee. The above-mentioned person said that negotiations for a new round of X financing are still in progress and details may change. These people requested not to be named due to private information. The company may also give up financing negotiations. This is the first known round of investments since Musk privatized the social media company.
Project News
Binance Alpha launches Perry, SIREN and BNBXBT
Binance Alpha announced the launch of Perry (PERRY), SIREN (SIREN), BNBXBT (BNBXBT). But it should be noted that this does not mean that the token has been officially listed on the Binance platform. The specific information is as follows: Perry (PERRY): PERREY dog discarded by CZ; SIREN (SIREN): AI analyst deployed on the entire chain; BNBXBT (BNBXBT): AI agent on the BSC chain, focusing on analyzing social data to find investment in Alpha Chance. Previously, Binance Alpha announced the launch of Broccoli (BROCCOLI), CZ'S DOG (Broccoli) and Broccoli (Broccoli).
Binance Alpha launches BROCCOLI (f2b), CZ'S DOG and Broccoli (f3b)
Binance Alpha announced the launch of Broccoli (BROCCOLI), CZ'S DOG (Broccoli) and Broccoli (Broccoli), but it should be noted that this does not mean that these tokens have been officially listed on the Binance platform. Specifically: Broccoli (BROCCOLI): The contract address ends with f2b, and it is said that CZ named his dog "Broccoli", inspired by a name with green elements and starting with B. CZ'S DOG (Broccoli): The contract address ends at 714, the project is owned by the community and launched through the four.meme platform. Broccoli (Broccoli): The contract address ends in f3b, which is the first Broccoli project on the four.meme platform.
Arbitrum DAO has approved the proposal to "distribute 35 million ARBs to RWA"
ArbitrumDAO announced that the community has approved the allocation of 35 million ARBs to various stable assets, with a total investment value of approximately US$15.5 million. The funds come from the project’s Stable Treasury Donation Program (STEP), which previously allocated 35 million ARBs to investments in six products in June 2024. It is understood that STEP is a program aimed at investing 1% of Arbitrum DAO funds in tokenized RWA, aiming to diversify DAO funds while leveraging industry growth to generate revenue. The latest allocation is part of the Arbitrum DAO STEP 2.0 plan. With the addition of 35 million ARBs of STEP 1.0 and 15 million ARBs managed by the treasury, the total investment of RWA reaches 85 million ARBs. ArbitrumDAO said the investment is currently one of DAO's largest investments.
Bithumb will launch GNO in the Korean won market
According to the official announcement, South Korean crypto exchange Bithumb will launch GNO tokens in the Korean won market.
Kraken completes the first allocation of funds for FTX estate, paying more than 46,000 creditors
According to Bitcoin News, Kraken has completed its first fund allocation for FTX estate, paying compensation to more than 46,000 creditors. Previous news, FTX will repay creditors starting on February 18, 2025, and the first phase of repayment will repay US$6.5 billion to US$7 billion.
According to Bloomberg, one of Tether’s original founders, Reeve Collins, is launching its own stablecoin. Collins' Pi Protocol will provide holders with the benefits they may earn from tokenized real-world assets. This is different from early stablecoins such as USDT and USDC pegged to fiat, as well as algorithm-backed DAI, which simply track the value of the US dollar. The stablecoin protocol will be launched on Ethereum and Solana blockchains in the second half of 2025. It is not clear how the stablecoin will generate returns, however, some existing tokens are distributed through revenue generated from tokenized “real-world assets” such as U.S. Treasury bonds. It is reported that Collins served as Tether CEO from 2013 to 2015 after co-founding Tether with Brock Pierce and Craig Sellars.
FTX's next round of repayment allocation will begin on May 30
According to FTX creditor Sunil, the registration date for FTX's next round of allocation is set to April 11, 2025, and the allocation starts on May 30, 2025. The payments for this allocation are: claims with an amount of more than $50,000, and those with less than $50,000 that have been approved but have not received the payment in the first allocation.
Viewpoint
Vitalik: Has a seat on the Ethereum Foundation's three-person board since 2017
According to Vitalik Buterin, the statement that he holds 3/5 of the Ethereum Foundation (EF) board is not accurate. He clarified that he has only one seat on the three-person board since 2017. This response is directed to Ameen Soleimani's social media discussion that Vitalik's role in the Ethereum ecosystem is closer to the "king" or "prophet", with most voters saying he preferring the latter.
According to Zak Folkman, co-founder of World Liberty Financial, the Trump-backed crypto project World Liberty Financial (WLFI) has ushered in a turning point due to the difficulties in financing in the early stages of Justin Sun's intervention. After Sun bought WLFI tokens for $30 million, he became the official consultant of the project. Folkman said at the Consensus Hong Kong conference that the project aims to integrate traditional financial institutions with decentralized finance. Folkman stressed that WLFI's success does not rely on venture capital support and does not give special treatment to any token buyers. It is worth noting that World Liberty also purchased $10 million in TRX (Just Sun’s TRON blockchain native token) and WBTC.
Former Coinbase CTO Balaji said that as traditional IPOs and M&A paths are blocked, securities token issuance (STO) on blockchain may become a new window for technology companies to raise funds. He pointed out that the SEC's regulatory rules make it difficult for small companies to IPO, and the recent tough stance on large-scale mergers and acquisitions has further restricted the way for startups to exit. This policy environment may weaken the flow of capital and competitiveness of the startup ecosystem. However, he believes that policy changes in the crypto space have opened the door for STOs, and the new government's supportive attitude towards cryptocurrencies makes blockchain-based financing models more attractive. STO not only reduces the cost of going public in small businesses, but also provides startups with a source of capital independent of large tech companies. Balaji stressed that this model is in line with the government's goal of wanting small businesses to remain independent, while also providing global investors with opportunities to participate without having direct corporate control.
CryptoQuant CEO: BTC won't enter a bear market this year, Strategy's BTC cost benchmark is $65,033
CryptoQuant CEO Ki Young Ju said he does not think Bitcoin will enter a bear market this year and is still in a bull cycle. He pointed out that the price of Bitcoin will eventually rise, but the volatility range may be larger. He personally believes that even if the price drops 30% from all-time highs (such as $110,000) to $77,000, the bull cycle is likely to continue, which is consistent with past market cycle performance. Additionally, he mentioned that Strategy (formerly MicroStrategy) has a Bitcoin cost benchmark of $65,033. Earlier today, the cost base of BTC in an ETF or custodial wallet is $89,000.
Zhao Changpeng: All tokens received in the wallet will be donated
Binance founder Changpeng Zhao (CZ) posted on the X platform: "When you try to make money quickly, you often lose money. When you donate generously, you will get more rewards. I donated 150BNB to a college student ( About $100,000), he took out $50,000 to help the Libra victim. (The student seems to have made a lot of money on BNB.) Now, the address has received more BNBs than I donated, and More tokens were received. I won't leave a penny. I'll donate it again, and it's likely to be donated to those who suffer losses on TST or some Broccoli tokens. This is not for any generation Coin support. Don't over-interpret this."
Galaxy: LIBRA "run away" incident further hits investors' demand for SOL
According to CoinDesk, Galaxy Research said in a report on Monday that the obvious LIBRA token scam is the latest event that negatively impacted the Solana Meme coin ecosystem. This trend has begun to worsen since the launch of TRUMP tokens in January and its subsequent “liquidity exhaustion”. The report said LIBRA may cause more damage to the Meme currency system. Galaxy said this could reduce the demand for investors to hold Solana's SOL tokens, noting that the rise in SOL is driven primarily by demand for SOL-denominated assets such as Meme coins; the LIBRA token scam is Solana Meme The "latest dirty incident" in the currency system has fallen sharply since TRUMP launched in January and briefly rose to the peak of the $75 billion full dilution valuation (FDV).
K33 Research: Bitcoin market is in a "sluggish state" since the US election
According to The Block, Bitcoin is still in a low volatility range as risk aversion traders lower yields, volatility and trading volumes to months lows, according to The Block. This week, it fell slightly by 2%. Lunde wrote that while the Trump administration, which supports cryptocurrencies, is a long-term positive for Bitcoin and the crypto industry as a whole, short-term uncertainty has led to a sluggish market activity. Bitcoin’s indicators are weakening throughout the market. Trading volume, yield, option premium and ETF inflows have all fallen to pre-US dollar election levels. Along with these downturns, volatility has also fallen to months of lows. Lunde stressed that 37% of the top 100 U.S. companies currently ranked higher than Bitcoin’s 30-day volatility, a situation that has not been seen since October 2023. But he also warned that such low volatility periods rarely last for a long time and traders should be prepared for sudden changes. "Overall risk aversion shows that traders are ready for downside volatility, while the current moderate leverage level suggests that the suspension risk of the liquidation wave is less," Lunde said. Analysis shows that the premium has fallen below 5% recently, which he pointed out rarely happens. When looking at the 2021-2025 data, Lund found that low premiums usually match weaker market performance, a situation that could be affected by the long-term bear market in 2022. Lunde stressed that Bitcoin tends to perform best under a strong basis system and calls for caution amid current market uncertainty.
Important data
A giant whale was liquidated again 7,511 cWBTC, which is about 14.43 million US dollars
According to Lookonchain monitoring, during the recent market decline, a giant whale was liquidated again 7,511 cWBTC (approximately US$14.43 million). Previously, during the 2022 plunge, the giant whale was liquidated three times, totaling 74,426 cWBTC ($32.82 million).
Abraxas Capital Mgmt related address recharged 24,810 ETHs to the exchange in the past 24 hours
According to the monitoring of the on-link analyst @ai_9684xtpa, Abraxas Capital Mgmt related address 0xEd0...a4312 has recharged 24,810 ETHs to the exchange in the past 24 hours, with a total value of US$66.04 million and an average recharge price of US$2,661. The address currently holds a total of 110,224 ETHs in Lido, ether.fi, Aave, Compound and other agreements, with a total value of up to US$295 million.
According to the on-chain analyst Ember Monitor, although the ETH/BTC exchange rate has fallen to 0.028, there are still giant whales looking at the ETH/BTC exchange rate: a giant whales have withdrawn a total of 1,444 cbBTC from Coinbase in the past two weeks (approximately equivalent). $138 million), then deposited Aave as collateral to borrow 29,025 ETH (approximately $77.6 million) and transferred to Coinbase.
Bubblemaps: A trader turns $1.09 million into $109 million by trading Meme currency TRUMP
According to The Block, blockchain analytics platform Bubblemaps claimed in a social media post on Tuesday that, according to its analysis, anonymous cryptocurrency trader Naseem was an account that made a profit of $109 million by trading Meme currency TRUMP. According to research conducted with YouTube blogger Coffeezilla, Naseem successfully "sniped" the token shortly after the launch of the TRUMP token. On-chain data shows that $1.09 million worth of tokens were purchased for the first time using an address starting with 6QSc2, and the tokens were then dispersed into at least 9 wallets. While the study cannot conclusively prove that Naseem is ultimately behind these trading activities, the Bubblemaps team wrote in the report that indirect evidence suggests that “there are too many links that cannot be ignored”. Bubblemaps allows Naseem to respond to potential insider trading issues, which Naseem denies. While he was able to buy more than $1 million worth of TRUMP tokens within the first second of the transaction, partly due to paying a priority transaction fee of $84,000, Naseem said he was not directly informed of the token’s issuance time. .
chaincatcher