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Traders speculated on the target of ZachXBTâs upcoming insider trading report, which the investigator said involves a top crypto firm.
Polymarket has launched a prediction market asking traders to bet on which crypto company is the subject of the blockchain investigator ZachXBTâs forthcoming insider trading report.
The market, titled âWhich crypto company will ZachXBT expose for insider trading?â, includes options such as Pump.fun, World Liberty Financial, Binance and MEXC. It is set to resolve on Feb. 26.
According to data displayed on the platform, the market generated more than $400,000 in trading volume within hours of launch, as users wagered on shifting odds tied to speculation around the investigation.
ZachXBT Teases Report on âHighly Profitableâ Firm
ZachXBT, an on-chain investigator known for uncovering crypto-related misconduct, wrote on X that a âmajor investigationâ would be published on Feb. 26. The report, they said, concerns one of cryptoâs âmost profitable businesses,â where multiple employees allegedly used internal data to conduct insider trades over an extended period.
The investigator did not name the company but indicated the findings would identify individuals involved.
The post triggered speculation across crypto social media, with traders attempting to predict the subject of the report based on recent market events and prior controversies.
World Liberty Financial Draws Attention
Discussion intensified around World Liberty Financial after its USD1 stablecoin briefly fell below its $1 peg on Feb. 23. Around the same period, social media posts referencing the project were deleted by Eric Trump, which then prompted further online debate.
World Liberty Financial attributed recent volatility and criticism to what it described as a coordinated social media campaign and said there had been no breaches of its wallets or smart contracts.
Polymarket itself also became part of the discussion, with some users questioning whether the platform could match ZachXBTâs description of a âhighly profitableâ firm facing allegations of employee insider trading.
Neither ZachXBT nor the companies listed in the prediction market have publicly confirmed being the subject of the upcoming report.
The prediction market will settle based on the contents of ZachXBTâs Feb. 26 publication.
This article is published on BitPinas: ZachXBT Insider Trading Probe Fuels Prediction Market Surge
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