Traders tracked BitGo's code changes to get ahead of its Robinhood listing, making over $6 million in profits.
Traders bought Robinhood's listed tokens Cash Cat and PONS in advance by tracking changes in BitGo's public codebase and on-chain activity on Wintermute, and then sold them after Robinhood's listing, accumulating profits of over $6 million. BitGo developers submitted code to add Cash Cat to the publicly available BitGoJS codebase on July 27, but Robinhood did not list the token until August 6. (Source: The Block)