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The investigation results are finally out—it's confirmed! There really were employees using insider information to secretly launch meme coins and cash out 😂
The employees involved have already been suspended, and legal proceedings are underway. The matter has been handled pretty swiftly.
What's even more interesting is that the five people who first sent in the whistleblower letters each received a $20,000 reward. Jealous? Well, I'm not getting any of it... I was too busy posting and watching the drama unfold to even think about reporting it! Looking back, I really missed out on this opportunity.
That being said, this kind of whistleblower reward mechanism is pretty effective as a deterrent. After all, $20,000 is no small amount—it's enough to tempt quite a few insiders.