Institutional Bitcoin Strategy Amidst DEX Manipulation Allegations
Institutional Bitcoin Strategy Amidst DEX Manipulation Allegations
Capital B is seeking a substantial $122 billion funding mandate to significantly expand its Bitcoin treasury holdings, indicating strong institutional confidence and adoption. Concurrently, decentralized exchange EdgeX faces serious accusations from onchain investigator ZachXBT regarding alleged insider manipulation, claiming control over nearly the entire token supply which led to a crash, raising concerns about market integrity in some segments.
Onchain investigator ZachXBT claims decentralized exchange edgeX insiders controlled nearly the entire supply with a thin float.
Capital B is asking shareholders to approve up to $122 billion in capital-raising authority to accelerate its Bitcoin treasury strategy.