Controversies among crypto world KOLs continue, accusations of manipulating Tokens and insider trading frequently appear

Recently, two well-known opinion leaders (KOL) in the crypto world have fallen into a controversy due to allegations of manipulating Token prices and obtaining insider information. These events have once again raised questions about the ethical standards of KOLs in the crypto world, and have also shaken investors' confidence in the meme coin market.

The Dispute Between Lexapro and Moonshot

Lexapro, as an outer member of the "water pipe gang", has been highly controversial. He has been accused of manipulating multiple meme coin projects, including $DEAL and $HOUSE. Recently, he had a fierce dispute with the Moonshot platform over the promotion of the $RICH Token.

Leaked conversations show that both parties originally had a plan to cooperate in driving up the $RICH price, but it ultimately fell through due to differences. Lexapro accused Moonshot of failing to fulfill its promise to raise the price, while Moonshot stated that it was entirely Lexapro's own project. This dispute exposed some insider trading where certain KOLs and project teams manipulated the Token price.

Despite Lexapro claiming significant losses as well, many investors are not convinced. Some analyses indicate that certain KOLs, including Lexapro, have profited over $680,000 through $RICH. This event has severely undermined investors' confidence in the meme coin market.

GCR is accused of obtaining insider information

Another well-known KOL GCR has also fallen into controversy. Some have accused him of obtaining coin listing information on Binance through illegal means and hacking into a research institution's server to gain early access to research report content. However, these accusations currently lack solid evidence to support them.

Someone posted what appears to be chat records of GCR on Discord, claiming that he can obtain information about coin listings and research report content on Binance in advance. However, some people have stated that these screenshots may be forged. Currently, the accusations against GCR are still highly controversial.

These events once again highlight the lack of regulation in the cryptocurrency market and the moral hazards of some KOLs. For ordinary investors, overly relying on the views and advice of KOLs can pose significant risks. In this market, rational analysis and independent thinking are more important than blindly following.