CoinVoice has recently learned, according to the disclosures in the FTX lawsuit documents, that Meerun is a complex and tightly organized criminal who has defrauded FTX by manipulating tokens like BTMX since 2021, causing losses of over $1 billion. His methods include manipulating token prices to increase collateral value, exploiting loopholes in the FTX margin system to obtain funds, and evading monitoring through fake KYC materials and multiple associated accounts.
The FTX team attempted to freeze Meerun's accounts but failed to stop his withdrawals in time, resulting in him successfully cashing out $450 million. Additionally, Meerun is suspected of manipulating other tokens such as MOB, BAO, and SXP, taking advantage of market illiquidity to obtain huge profits.
The document further states that Meerun has close ties to organized crime networks in Poland, Romania, and Ukraine, which are involved in human trafficking and terrorism financing. [Original link]
