Bubblemaps alleges influencers use hidden wallets to profit from followers
AI summary
Blockchain analytics firm Bubblemaps has accused crypto influencers of using hidden wallets to profit from their followers, urging launchpads to audit top traders and ban repeat offenders. Bubblemaps says it is preparing to identify another prominent figure involved. The allegations could erode trust in influencer-driven token launches and prompt launchpads to tighten scrutiny of traders, a reputational risk for the sector.
