Azuki Bean NFT is no longer available. But now, the NFT project faces a lot of criticism of insider trading. In particular, there is evidence that owners are sniping rare red bean beans hours before the NFT reveals. Looking at the evidence shared on Twitter, many believed that there was insider trading before Azuki’s NFT art was released.
Fragment of evidence of insider trading before Azuki NFT reveals
Thanks to Twitter user @Meta_Morphy, we can see how this insider traded rare red beans before the NFT revealed. According to him, 1 buyerIn particular, a few hours before the release, I sold off four common Azuki NFTs and got two rare ones at the lowest price. One of the rare Beanz NFTs, Bean # 13716, actually ranks 37th in terms of rarity and is currently offered at OpenSea at 65.5 ETH.
But that’s not all. The same buyer above decided to buy another rare Azuki Beanz NFT, Bean # 11901, from the X2Y2 NFT Marketplace. This time, he bought an NFT 30 minutes before the release. So what are the odds?
Recently, the same buyer transferred two valuable Beanz NFTs (Bean # 13716 and Bean # 10146). Make each of them a new wallet address. Is this part of a plan to cover the insider trading trajectory of Azuki NFT holders? That seems to many of us.
What did the Azuki team say about this incident?
So far, the Azuki team has not commented on this incident. But what if you don’t get a clear answer about insider trading related to Azuki NFTs? In that case, it tells us a lot about the integrity of the team.Given that there was a similar scandal Previously happened to the Azuki NFT projectIt’s time for the team to be clean about it.
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