Pseudonymous blockchain investigator ZachXBT announced a new exposé on alleged insider trading to be published on Thursday, with prediction market Polymarket opening markets on which cryptocurrency firm will be exposed.
ZachXBT posted on X that he will release a “major investigation” targeting a profitable crypto business, where multiple employees abused internal data to insider trade over a prolonged period.
ZachXBT, an anonymous blockchain sleuth, has built a reputation for publishing detailed, evidence-backed investigations.
His past reports have led to exchange account freezes, fund recoveries, and heightened scrutiny of crypto firms.
The Polymarket Odds
With no company named, Polymarket traders bet on which firm could be implicated.
As of Tuesday, Meteora leads at 43% odds, Axiom (CRYPTO: AXM) sits at 16%, while Pump.fun (CRYPTO: PUMP) and MEXC both hold 12%.
Meteora, built on Solana (CRYPTO: SOL), is known for its liquidity vault infrastructure and yield optimization products.
The protocol has seen rapid growth amid renewed Solana ecosystem activity, making it one of the more profitable platforms in recent months. The 43% odds and immediate 6.5% selloff suggest traders believe MET faces the highest exposure.
World Liberty Financial (CRYPTO: WLFI) sits at just 5% despite recent controversy.
The Trump-linked stablecoin USD1 slipped from its $1 peg on February 23 amid what developers called a “coordinated attack.” Eric Trump deleted social media posts referencing the project, fueling initial speculation.
However, speculation cooled after one X user commented: “I don’t think that Zach would go after WLFI.” Additionally, Hyperliquid (CRYPTO: HYPE) sits at just 1%, likely due to its status as a donor to ZachXBT.
Other names in the market include Jupiter (CRYPTO: JUP) at 4%, Binance (CRYPTO: BNB) at 3%, Upbit at 2%, and Wintermute at 2%.
The Market Reaction
The selloff illustrates crypto’s “guilty until proven innocent” dynamic.
Traders aren’t waiting for evidence—they’re positioning ahead of potential bad news. PUMP has confirmed a head-and-shoulders breakdown amid scrutiny.
Meanwhile, WLFI sentiment collapsed after Eric Trump‘s deleted tweets.
None of the companies named in prediction markets have publicly responded to the speculation.
Image: Shutterstock
Recent Comments