Professional wrestler Khamzat Chimaev was accused of insider trading when issuing tokens, and his team bought more than 78% of the supply

According to TechFlow, on July 4, the chain detective ZachXBT published a post saying that there was insider trading in the SMASH token issued by professional wrestler Khamzat Chimaev, and his team bought more than 78% of the supply. Analysis shows that 71% of the insiders and development team wallets are directly linked because these wallets are funded by the same address on Ethereum.