[Definalist: Upbit Suspected of Insider Trading with WIF and VVV Listings]
According to South Korean trader Definalist, Upbit is suspected of engaging in insider trading during the listing process of WIF and VVV. He stated that multiple addresses funded by Upbit's hot wallet purchased WIF prior to its listing and quickly sold it after the listing, with similar operations observed for VVV. Additionally, Upbit recently tested the STABLE token, and the suspected insider trading wallets also showed related purchasing activity.