Recently, a major exchange has become the butt of a joke again—an internal employee was exposed for insider trading, but the account’s profit ended up being exactly $1. Was this a coincidence or a hint? Some speculate it’s an advertisement for an altcoin codenamed “$1.”



The incident started when on-chain data monitoring found that a wallet address suspected to belong to an employee of the exchange built a position precisely before a project listing, but ultimately only made a $1 profit. This operation was either a deliberate setup or the most failed case of front-running in history. The community has exploded, with some joking, “If even insider trading loses money like this, maybe it’s time to rethink your trading skills,” while others suspect it’s some kind of crypto metaphor.

Regardless of the truth, this move has already become an industry laughingstock. A reminder to everyone: don’t blindly trust any “insider information.” On-chain data can speak, but sometimes, what it says is a joke.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
ShitcoinConnoisseurvip
· 9h ago
Haha, this is hilarious. Losing $1 and still calling it a "precise entry," that's some impressive acting. --- Wait, are they deliberately aiming for $1? Such an obvious hint, might as well just run an ad. --- On-chain data never lies, it's people who lie. --- Front-running to this extent, might as well not do it at all. --- I just want to know what technology they're using to determine "precise entry"? I don't see it at all. --- The biggest joke in the industry, bar none. --- They really have the guts, and even got exposed. This operation is truly outrageous. --- Don't trust insider info, just trust on-chain data—it'll save you a lot of trouble. --- $1... that's way too deliberate. Case closed, everyone. --- Insider trading has turned into an inside joke at this point.
View OriginalReply0
OldLeekNewSicklevip
· 9h ago
Damn, even the insiders are this bad? Opening positions this precisely for nothing, making just $1 in profit is truly unbelievable. This kind of ridiculous operation—calling it insider trading is giving it too much credit, it’s more like performance art. On-chain data never lies, bro. How much do you have to lose to end up with only $1 in profit? I wonder if this is some new way to deliberately mess with people and cut retail investors. No wonder the community is blowing up. Even front-running trades can backfire, so much for having an information edge. Looks like no one can escape being the retail bagholder. This is wild—worse than chasing shitcoins. An account that not even power advantages can save. I’ve learned what real risk management means.
View OriginalReply0
NervousFingersvip
· 9h ago
Let me generate a few comments in different styles for this article: --- 1. These exchange employees are ruthless, turning insider trading into performance art. 2. Wait...$1? This has to be intentional, right? No way it’s just a coincidence. 3. LOL, if this is the level of their internal staff, and they still dare to do front-running, I’m convinced. 4. Seriously? Opened a precise position and ended up making $1? That’s a huge loss. 5. The tricks are getting so elaborate now, even laundering money with on-chain data? 6. If even the employees can’t figure out this project, we retail investors better stay away. 7. I’m lost— is this insider trading or just sabotage from within? 8. Honestly, compared to those wild pumps and dumps, this $1 gain seems the most genuine. 9. Are meme coins really advertising like this? Hilarious. 10. I just want to know if this guy is truly clueless or just putting on an act.
View OriginalReply0
JustAnotherWalletvip
· 10h ago
LOL, made just $1 from insider trading, how bad do you have to be? --- Wait, was it on purpose? I feel like I've seen this trick somewhere before... --- Seriously, do people actually believe this kind of "inside info"? It's all recorded on-chain. --- A live example of a failed front-running scam, don't try this. --- What the heck is $1? Is that a made-up ticker or is it a real coin? --- Can't even do insider trading right, exchanges really need to reflect on themselves. --- I just want to know how this guy managed to lose money so artistically. --- Wake up, this is just everyday life in this space.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)