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Aerodrome Suspends Two Over Alleged VVV Insider Trading DeFi protocol @AerodromeFi suspended two contributors over their alleged insider trading of Venice AI’s $VVV token at its launch. Venice AI is a privacy-focused artificial intelligence project created by crypto… https://t.co/kM545YT2sD
Newly launched Venice AI's $VVV nosedived as much as 50% as insider trading allegations led to a sentiment drop for the hyped product. By @shauryamalwa. https://t.co/vcH9PHydf7
AERODROME PULLS THE PLUG ON TWO AFTER VVV TOKEN CHAOS Alright, Aerodrome, the decentralized exchange on Base, just slapped two contributors with suspensions after shady VVV token trading went down at launch. The VVV project hit Base yesterday, and Aerodrome spotted weird trades… https://t.co/GX5VCWGtl4
Aerodrome, a decentralized exchange on Base, has suspended two contributors for alleged insider trading related to the launch of Venice AI's $VVV token. The suspensions followed an internal investigation that flagged unusual trading activity shortly after the token's launch. The $VVV token experienced a significant decline, reportedly nosediving as much as 50% amid the insider trading allegations, which negatively impacted market sentiment for the newly launched product. The incident has drawn attention to the need for stricter oversight in cryptocurrency trading activities.
