PancakeSwap’s trading competition intended to reward random winners, yet evidence shows that over 50% of winning wallets are interconnected. Approximately 850 wallets received funds from others, undermining the competition’s integrity.
The League of Traders criticized the competition, alleging unfair prize distribution. The competition had a total prize pool of 250,000 USD, but claims arose about ‘hand-picked’ winners and wash trading to inflate trade volumes.
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