Allegations of NFT insider trading have been confirmed by OpenSea, which issued a statement about its head of product lead.
An OpenSea executive has been outed for hyping nonfungible tokens he purchased and then featuring them on the homepage of the popular NFT marketplace — a move that presumably allowed him to sell the art pieces for a quick profit.Nate Chastain, who serves as OpenSea’s head of product, allegedly used burner wallets to purchase NFTs, which were then featured on the front page of OpenSea — where they’d receive the most attention — before unloading them. A Reddit user documented the whole ordeal by publishing the transaction details. One of the NFTs in question belongs to the Dailydust Collection on OpenSea. The “Spectrum Of A Ramenfication Theory” was purchased by Chastain on Tuesday for 0.25 Ether (ETH) before it was sold for 1.5 ETH a few hours later. Notably, the sale was executed after t
Źródło: https://cointelegraph.com/news/opensea-exec-used-the-platform-s-influence-to-pump-his-own-nfts
