Blockchain analytics agency Arkham is launching a bounty program to determine the house owners of crypto wallets linked to a digital asset rip-off.
In a brand new publish on the social media platform X, de-anonymizing agency Arkham says it’s providing 4 bounties in collaboration with the Restore the Republic (RTR) memecoin.
One bounty is for figuring out the proprietor of every pockets related to sniping the launch of RTR, a Donald Trump-themed memecoin.
“$50,000 bounty on Arkham. The Restore The Republic workforce has created and funded a collection of bounties to uncover the identities and any related details about the house owners of 4 particular wallets that sniped the RTR Token launch.”
Sniping on this context refers to a type of insider buying and selling the place entities get an unfair benefit by closely loading up on a coin at a low worth earlier than most people will get an opportunity to build up the asset.
In keeping with Arkham, the bounties can be obtainable to whoever identifies or gives robust verifiable proof that results in the identification of the house owners of the wallets.
The rise and fall of the RTR token coincided with Donald Trump’s son Eric asserting the launch of “one thing large” within the decentralized finance (DeFi) house however denying that the memecoin had any involvement with himself or the previous president.
RTR spiked as much as $0.0217 on August eighth from $0.00737 earlier than instantly crashing all the way down to $0.00471 for a 78% collapse.
Weeks after Eric Trump’s announcement, it was revealed that Donald Trump can be launching his personal crypto platform referred to as The DeFiant Ones.
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