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Meteora Lead Responds to Insider Trading Speculation: Risk Management Measures in Place, Situation Was "Not Previously Known"

Meteora Lead Responds to Insider Trading Speculation: Risk Management Measures in Place, Situation Was “Not Previously Known”

BlockBeats News, February 26, Zen @realdezen, head of the Solana protocol’s Meteora team, stated that since taking over in March last year, the team has always taken insider trading risks seriously and has established practical safeguards.

Zen referred to Meteora as a permissionless platform, with the main focus over the past 12 months being on enhancing infrastructure robustness and reliability to achieve project deployment without team intervention. Therefore, the team only learned about the situation after the launch or integration of some projects. In the related prediction markets, Meteora once became the most speculated and top-ranked object of speculation.

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