🧐#Redditand insider trading

On October 17, Reddit shocked the community by announcing the end of its Community Points blockchain program due to scalability issues. This move immediately led to the collapse of the subreddits' tokens.

However, behind the scenes, a chain of blockchain analysts revealed an interesting dynamic: just before the announcement, several subreddit moderators managed to upload all their tokens.

At first, the moderators claimed that they were not aware of this decision. However, it subsequently emerged that they were given notice of closure just an hour before the public announcement. 📜💰