Onchain investigator @ZachXBT announces he will expose a major company in the cryptocurrency industry for long term insider trading.

The community predicts the project to be exposed is likely Meteora with a probability of up to 40% on prediction platforms.

Meteora is accused of being the mastermind behind the two popular memecoins that have dropped by -99%: $MELANIA and $LIBRA

Its business nature may have the following vulnerabilities:

> Staff get real-time peeks at trades, front-running big moves.

> Dynamic vaults and AMM pool data can be used to predict price changes.

> Team members in on meme mints could trade on hidden info.

And I see the market has already reacted to that:

> $BTC dropped to $62.8k
> $ETH dropped to $1,809

People are fearing that this will trigger a domino effect of collapse on similar projects.

MET

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