BMT · 2026-11-11 17:44 UTC

Is this illegal, or just unethical?

Bubblemaps alleges that 30 wallets linked to the trader Cupsey use a pattern of buying tokens, distributing them to side wallets, and selling after copy traders follow, totaling $1.7M across about 3,000 tokens. The article says Cupsey is rewarded for his callouts while selling through the side wallets, and that on-chain links connect him to a serial deployer that launched thousands of tokens. Separately, it reports that $WLFI, backed by Justin Sun's investment, is down $100,000,000, and that a third-party provider of Polymarket was compromised, with about $2.7M stolen from roughly 700 users.

Loading the story on Tree News…