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TechFlow reports, on July 4, on-chain investigator ZachXBT claimed that SMASH token, launched by professional wrestler Khamzat Chimaev, involved insider trading, with his team purchasing over 78% of the total supply. Analysis revealed that 71% of insider and development team wallets were directly linked, as these wallets were funded from the same Ethereum address.
On-chain investigator ZachXBT posted that professional wrestler Khamzat Chimaev's SMASH token involved insider trading, with his team purchasing over 78% of the total supply. Analysis shows that 71% of insider and development team wallets are directly linked, as these wallets were funded from the same Ethereum address.
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