Analysis: The trading competition held by PancakeSwap in July is suspected to have insider operations
Source: golden
Time: 2025-09-12 22:10:01
According to a report by Cointelegraph, PancakeSwap claims that the winners of its transaction competition held in July were randomly selected, but blockchain records show that about half of the 1,700 award-winning wallets belong to interrelated wallet clusters. Cointelegraph survey found that at least 850 award-winning wallets are funded by other award-winning wallets that transfer BNB to each other for volume trading to meet the threshold requirements. League of Traders representatives said that these wallets are directly related to each other and are selected, with the probability of continuous occurrence close to zero, and the distribution of prizes is not fair, and the winners seem to be "artificially selected" rather than randomly drawn.