Crypto News: Axie Infinity CEO Denies Accusation of Insider Trading

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Trung Nguyen – Co-Founder and CEO of Axie Infinity – said the accusations against him of being engaged in insider trading are “baseless and false.” However, he admitted transferring $3 million worth of AXS to “ensure that short-sellers would not be able to front-run the news.” The CEO Strikes Back In March this year, Ronin Bridge – an Ethereum sidechain built for the popular blockchain-based game Axie Infinity – became the victim of one of the larg ...

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