AltLayer's head of growth said there was no insider trading because it was "just a coincidence of timing."
According to @BlurCrypto's update, regarding the previous disclosure that AltLayer's growth supervisor Dorothy_Defi was suspected of making at least $200,000 in profits through insider trading, they have communicated with Dorothy and Mulan0x (Dorothy's friend), and the situation is as follows:
1. Dorothy transferred Ottie as a gift to Mulan0x, who owns the "0x421" address;
2. Dorothy did not disclose any insider information, and Mulan0x did not receive any insider information;
3. Mulan0x (0x421) sold NFTs at that time because they wanted to buy "Fat Penguin" NFTs with funds, not because of insider information, it was just a coincidence in timing.
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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