TechFlow News, May 12: Korean trader Definalist stated on social media that Upbit’s recent listings of WIF and VVV may involve front-running behavior. He noted that several addresses funded by Upbit’s hot wallet purchased WIF prior to its listing on Upbit and sold it rapidly after the listing; similar trading patterns were observed with VVV. Additionally, he revealed that Upbit has recently been conducting intensive testing of the STABLE token, and wallets suspected of front-running have also engaged in related purchases.
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