According to an analysis published by Cointelegraph, PancakeSwap claims that the winners of its July trading competition were randomly selected, but blockchain records show that about half of the 1,700 winning wallets belong to interconnected wallet clusters.
The Cointelegraph investigation found that at least 850 of the winning wallets were funded by other winning wallets, which transferred BNB to each other for swipe transactions to meet the threshold requirements. League of Traders representatives said that these wallets are directly linked to each other and are all selected, the probability of consecutive occurrence is close to zero, the prize distribution is not fair, and the winners appear to be "selected" rather than randomly selected.
Analysis: The trading competition held by PancakeSwap in July is suspected of insider operation
2025-09-12 14:06:26
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