2025-12-10 00:18:49

A major exchange recently had a huge scandal—an employee leaked insider information in advance to manipulate meme coins, and the person has now been identified and suspended.

What's even more shocking is the speed of their response. The platform immediately spent money to cut losses: the first five people to submit valid reports through official channels each received $20,000 USDT, totaling $100,000 in rewards. Note, only reports via official email counted; shouting about it on social media didn’t qualify.

This move is a textbook example of crisis management: fast action, clear attitude, and generous rewards, with a firm cutoff where needed.

To put it bluntly, the value of alpha is based on information asymmetry. But this time, the "price tag" for that asymmetry was put right on the table—each tip was worth $20,000 USDT.

Honestly, big platforms have always been willing to spend on PR. After all, compared to potential user loss from a trust crisis, this expense is well worth it.

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defi_detective

· 2025-12-12 17:32

20,000 USDT for a lead? I'm impressed by this price. Next time, I'll negotiate directly when reporting.

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CryingOldWallet

· 2025-12-10 23:18

This round of PR is really hardcore; offering $20,000 per lead clearly shows the asking price.

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GasFeeLover

· 2025-12-10 00:46

Ha, so this is the so-called "buying reputation." 20,000 USDT per lead—turns out the cost for an insider is clearly marked like this.

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NFTRegretDiary

· 2025-12-10 00:44

20,000 USDT per lead—this kind of deal really has to be handled by insiders.

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GateUser-a180694b

· 2025-12-10 00:44

20,000 USDT for a lead—do you think that’s a good deal? Anyway, I missed out on it.

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FlashLoanLord

· 2025-12-10 00:38

This move is indeed tough. Compared to those exchanges that play dead, at least the attitude here is clear. --- $20,000 for a lead—this price just puts alpha out there with a clear tag. Interesting. --- The key is still to see what happens next. Once the public attention dies down, people will forget. --- A classic case of spending money to avert disaster, but it’s actually a good thing for users. --- An employee gets caught for insider trading, then whistleblowers get rewarded—kind of ironic. --- They call it risk control, but essentially, they're just using money to smooth things over. --- Only accepting official email reports—I see what they're doing here, filtering for real sources of information. --- An exchange spending $100,000 on PR costs is nothing but a drop in the bucket for them. --- Now this is what you call transparency, unlike some exchanges that keep everything under wraps.

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