A leading exchange was reportedly suspected of insider token issuance today. If there really is front-running involved, I'm actually not that concerned about how they'll handle the people involved internally.
What I'm more curious about is who gets the whistleblower reward. Is it the first person to report via email, or the first to expose it on social media? Or will the platform come up with a fairer distribution plan?
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IntrovertMetaverse
· 12-07 22:43
The real game-changer in this front-running case is the reward distribution.
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StakeHouseDirector
· 12-07 18:41
I've seen a lot of insider trading cases, but the truly funny part is how the whistleblower reward gets divided.
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ProbablyNothing
· 12-07 13:54
The reporting reward is probably just internal profit-sharing again, haha.
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LiquidationKing
· 12-07 13:51
The front-running game is basically about who exposes it first and gets a share of the pie.
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MentalWealthHarvester
· 12-07 13:44
This issue of front-running should have been investigated long ago, but the rules for whistleblower rewards are indeed unclear.
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HashBandit
· 12-07 13:41
ngl this is literally just governance theater at this point... back in my mining days we'd call this "network congestion" but for compliance lmao. who even gets the bounty tho, seriously asking
A leading exchange was reportedly suspected of insider token issuance today. If there really is front-running involved, I'm actually not that concerned about how they'll handle the people involved internally.
What I'm more curious about is who gets the whistleblower reward. Is it the first person to report via email, or the first to expose it on social media? Or will the platform come up with a fairer distribution plan?