South Korean Trader Alleges Upbit-Linked Wallets Front-Ran WIF, VVV Listings

A South Korean trader alleged that suspected Upbit-linked wallets bought WIF and VVV before the tokens’ listing announcements and sold them shortly after trading began. According to Definalist, one wallet bought WIF on May 6 before Upbit listed it at 14:00:01 and then sold at 14:10:14. Definalist also said address 0x4a bought VVV on May 12 before its 14:00:13 listing and sold at 14:05:21. The claims add specific timing data to earlier allegations of possible pre-listing trading behavior involving wallets linked to the exchange.

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