Meteora executive responds to insider trading speculation: risk control mechanisms have been established, and the relevant situation was "not known in advance"
BlockBeats News, February 26, Zen @realdezen, head of the Solana protocol Meteora, stated that since taking over last March, the team has taken the risk of insider trading seriously and has already established practical protective measures.
Zen said that Meteora is a permissionless platform, and over the past 12 months, the main focus has been on enhancing the robustness and reliability of the infrastructure, so that projects can go live without manual intervention from the team. As a result, the team only became aware of some situations after certain projects were launched or integrated. In related prediction markets, Meteora once became the top-ranked and most probable subject of speculation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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