Insider trading is a grave offense that lacks sympathy in the crypto community. It involves individuals exploiting their privileged positions to unfairly benefit themselves, harming honest traders in the process. Research indicates that over half of ERC-20 tokens exhibit signs of insider trading. Notable cases include OpenSea's Nate Chastain, who used insider knowledge to profit from NFT trades, resulting in a conviction for fraud and money laundering. BitMEX co-founders faced legal action for violating anti-money laundering regulations. Similarly, three Coinbase employees were charged for insider trading, leading to prison sentences and financial penalties. These incidents highlight the prevalence of insider trading in the crypto market, impacting retail investors. Solidus Labs' report revealed a high percentage of ERC-20 tokens involved in insider trading, emphasizing the need for a more transparent and trustworthy market for all participants. Read more AI-generated news on: https://app.chaingpt.org/news