Reddit Community Takes Action: Removing Moderators Involved in MOON Insider Trading

Revealing an Insider Trading Scandal: Moderators Dump 456,353 MOON Tokens Valued at $92,000, 30 Minutes Prior to Announcement

Approximately half an hour before a significant announcement, a startling revelation unfolded in the Reddit community. Moderators, who had access to confidential information regarding the impending news, were found to have offloaded a substantial 456,353 MOON tokens, amounting to a value of $92,000. This disconcerting act came to light thanks to meticulous data tracking performed by onchain detective Lookonchain.

The situation took another disheartening turn when a second wave of 363,227 MOON tokens was unleashed into the market merely two minutes before the official announcement. This sudden influx only exacerbated the selling pressure and added to the controversy surrounding the incident.

Stay tuned as we delve into the details of this unsettling event, discussing the implications and ramifications that this insider trading scandal might have on the MOON token community and beyond.

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