ZachXBT Publishes Investigation Alleging Insider Trading by Axiom Employees

$500 million market boom forecast "big gamble on Iran," someone makes $510,000 through insider trading, the U.S. will angrily call for legislation to ban it

During the global financial market closure, over $529 million in funds flooded into the prediction market, with investors betting on a US-Israel airstrike on Iran. Six new accounts made precise bets before the airstrike and profited $1.2 million, triggering insider trading allegations. American lawmakers condemned such behavior and plan to introduce legislation to ban it. The CFTC has also issued a warning, emphasizing that such transactions may be illegal.

CONSOB orders the suspension of the SOLX token offering by Solaxy in Italy due to MiCA violations

The Italian financial regulator, CONSOB, ruled that Solaxy's $SOLX token sale violated EU's MiCA regulations by failing to disclose a whitepaper. They ordered an immediate halt to the sale and granted Solaxy 60 days to appeal.

Mysterious Account Precisely Bets on Iran Strikes, Trump Camp Faces "Insider Trading" Allegations

Due to the global financial markets being closed, investors flooded into prediction markets and decentralized exchanges, attempting to bet on the impact of the US and Israel's attack on Iran. This subsequently sparked a public outcry, accusing insiders of profiting from insider information. Kalshi's CEO responded by saying they would refund the fees, but the user dissatisfaction has not been fully alleviated.

Polymarket New Account Precisely Bets on "Airstrikes on Iran Before End of February," Profits Over One Million Dollars

Recently, the conflict between the United States and Iran has intensified, leading to a surge in trading volume on Polymarket. Some newly created accounts successfully placed bets and made millions in profit before the airstrikes, raising concerns about insider trading. This incident highlights the regulatory gray area in prediction markets, the urgent need to address information asymmetry issues, and presents new challenges to the financial markets.

South Korea's National Tax Service accidentally exposed wallet seed phrases, leading to the instant theft of $4.8 million in crypto assets

South Korea's National Tax Service unexpectedly disclosed the 12-word seed phrase for a cryptocurrency wallet, resulting in approximately $4.8 million worth of digital assets being stolen within a few hours. This incident has raised cybersecurity alerts and exposed government negligence in managing crypto assets. Authorities have launched an investigation. This is the third related incident in nearly three months, highlighting operational risks within the government.

Exaggeration » Korean Tax Agency Press Release Reveals Mnemonic, 6.4 Billion Won in Seized Assets Emptied Overnight

The Korean National Tax Service quickly transferred approximately $4.8 million worth of crypto assets after a mnemonic phrase in a press release was not masked, leading to a security breach. This incident is the third cryptocurrency theft in South Korea within the past three months. Experts criticize this as a reflection of law enforcement's insufficient understanding of crypto asset security and emphasize that mnemonic phrases should be strictly protected to prevent asset theft.