Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market

Analysts: MegaETH has not yet effectively removed Sybil addresses; the co-founder of SHIFT Protocol may have slipped through the net.

2025-11-12 11:41

Odaily Planet Daily reports that Eye, the on-chain analyst who exposed the "1011 insider whales," stated in an article on the X platform that besides the disclosed crypto KOL IcoBeast, MegaETH has still not effectively removed Sybil addresses. Even some crypto protocol founders are involved; for example, ggmxbt, co-founder of SHIFT Protocol, is likely one of those who slipped through the net, using two addresses to bid a total of 77,000 USDT. Eye points out that while it's impossible to catch every Sybil cluster, stronger measures should be taken against those attempting to manipulate the situation for their own benefit, especially in situations like pre-sales.