Insider trading is rampant before new ERC-20 tokens are listed on centralized exchanges (CEXs), according to blockchain intelligence firm Solidus Labs.
In a report published on Wednesday, Solidus Labs said it found suspicious transactions ahead of major CEX listings of ERC-20 tokens in 56% of cases by looking at data going back to January of 2021.
ERC-20 tokens are the most commonly created types of tokens, and are built on the Ethereum blockchain....
Read More: Insider Trading Rampant in Crypto Market, According to Ex-Goldman Technologists
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