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ZachXBT’s Tease Sparks $2M Polymarket Bets on Crypto Insiders

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ZachXBT's Tease Sparks $2M Polymarket Bets on Crypto Insiders

A cryptic post from blockchain investigator ZachXBT triggered a surge of betting activity on Polymarket, with more than $2.2 million traded on a market asking which crypto company he will expose in an upcoming insider-trading investigation.

ZachXBT wrote on X that a “major investigation” will be released on February 26 into one of crypto’s most profitable businesses, alleging insider trading. He did not name the company.

Within hours, traders piled into prediction bets. Polymarket shows Meteora leading the odds, followed by MEXC, Pump.fun, and World Liberty Financial (WLFI). 

Why Polymarket Traders are Betting on Meteora and MEXC

Meteora has drawn heavy attention because of its role as a Solana-based trading infrastructure tied to high-volume meme coin liquidity.

It has also faced scrutiny in community discussions around politically linked meme coin activity, including Trump-related tokens.

ZackXBT’s Post Triggers Massive Bets. Source: Polymarket

MEXC appears on the list because it has repeatedly been mentioned in social media debates around listing behavior, whale activity, and alleged insider-style trading patterns in meme coin markets.

That does not prove wrongdoing, but it helps explain why bettors quickly priced it as a candidate.

Pump.fun and Whale Scrutiny Keep It in the Frame

Pump.fun also drew bets because it sits at the center of the meme coin launch economy. 

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The platform has been under intense community scrutiny over early-wallet activity, sniping, and whether some participants gained unfair advantages during launches.

Separately, recent online discussion has focused on claims that Hayden Davis may have been an early whale in the PUMP token launch. 

However, Pump.Fun later refuted those claims, calling them baseless. 

Those claims remain part of broader market speculation unless backed by direct evidence or formal findings.

World Liberty Financial Added after USD1 Depeg Scare

WLFI likely entered the betting conversation after USD1 briefly depegged earlier on February 23 before recovering. 

WLFI blamed a coordinated attack, saying hackers compromised cofounder accounts, spread fear, and opened short positions.

That episode, plus fresh rumor cycles around WLFI and politically linked crypto projects, appears to have pushed the company onto traders’ radar. 

For now, the Polymarket market reflects sentiment and speculation, not confirmation of ZachXBT’s target.

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Crypto World

Citrini’s AI Doom Report Leads to Tech Stock Selloff

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Citrini’s AI Doom Report Leads to Tech Stock Selloff

A new report by Citrini Research has been partially blamed for a software and payments stock sell-off on Monday, where it outlined extreme scenarios in which AI could severely disrupt the economy, from wiping out a sizable share of the workforce and slashing consumer spending to threatening the $13 trillion US mortgage market.

Citrini was little-known up until Monday, when its “Global Intelligence Crisis” report amassed over 22 million views on X alone and discussed how AI agents could drive corporate profits so high that human labor could become increasingly redundant and trigger a recession.

The report lays out a chilling June 2028 scenario, in which the Standard & Poor’s 500 is down 38% from its all-time high, unemployment is over 10%, private credit is unraveling and prime mortgages are cracking — all while AI didn’t disappoint, exceeding every expectation.

Source: Citrini

Citrini said the term “Ghost GDP” could emerge, describing it as output that shows up in the national accounts but never circulates through the “real economy.”

“A single GPU cluster in North Dakota is generating output previously attributed to 10,000 Manhattan office workers,” Citrini theorized in a potential June 2028 scenario.

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The result: a massive white-collar layoff, far less consumer spending and a recession, Citrini said.

The macroeconomic uncertainty from AI and other issues, such as US President Donald Trump’s tariffs, has not been taken well in the crypto market over the past few months, with Bitcoin (BTC) falling nearly 50% from its $126,080 all-time high in early October, while safe havens like gold continue to rise.

AI, credit card stocks tank

Computing and AI company IBM saw its largest single-day drop in 25 years on Monday, tumbling 13.1% to $223.35, while Microsoft, Oracle and Accenture fell 3.21%, 4.57% and 6.58%, Google Finance data shows. 

Credit card platforms Visa, Mastercard and American Express also fell 4.5%, 5.77% and 7.2% as Citrini said private credit and software-backed loans would face cascading defaults.

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