Mystiko Network: 'Addresses Suspected of Insider Trading Turned Out to be Early Contributors'

IconCryptoNewsTerminal Staff25 Jul, 2024

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Mystiko Network: 'Addresses Suspected of Insider Trading Turned Out to be Early Contributors'

Web3 base layer Mystiko Network (Mystiko.Network XZK) announced through its official Medium that "we are aware of the recent allegations of insider trading regarding the XZK token and have started an internal investigation. As a result of the investigation, we have confirmed that the address in question met criteria for being early contributors to our ecosystem and had contributed. The Mystiko team believes in rewarding early contributors and the principles of DeFi fairness. We will also strengthen governance."