EdgeX Token Plunge Sparks Debate Over Insider Control

Jun 2, 2026 - 16:45
EdgeX Token Plunge Sparks Debate Over Insider Control
Key Takeaways The EDGE token recently collapsed by over 40% amid claims of market manipulation by an unnamed external party. Onchain investigator ZachXBT has challenged the exchange’s claims, pointing to a low circulating float and high levels of insider control over the total supply. The incident has reignited concerns regarding the transparency of decentralized exchanges,...

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