Insider Trading A Real Issue On Crypto

With crypto suppose to be fully transparent which let me be clear it is AFTER the fact lol. Is that insider trading on new launches is becoming a huge issue once again and honestly if there was to be any type of government enforcement or enforcement that could be done via the decentralized nature voting of the blockchain then ever better!

Meme coins have become a hot thing on Solana with it's easy nature of launch new tokens with little to no cost of really doing so. To be fair the cost is 0.5 solana but that's like $80 at the moment for the potential of millions. A recent headliner scam was the HAWK token. But there's plenty of others. Trust me just going on Pump.fun you'll see a new token created nearly one a hour if not faster and a lot of them are coming up with shady tactics that have been happening behind the scenes with insider trading.

You'll mostly see this in tokens with launches and then consolidated funds into a few accounts that dump with people first start getting in. This results in the few with massive tokens at the start getting mega wealthy and everyone else losing out. Talk about a massive wealth transfer.