Reported 2 days ago
MYX Finance, a decentralized derivatives platform, has denied allegations of fraud and manipulation related to its MYX token airdrop. This comes after the MYX token saw a significant rise of 1200% in two days, attracting scrutiny over potential rug pulls. A blockchain analytics platform raised concerns about suspicious funding patterns prior to the airdrop, but MYX Finance stated that all airdrop rewards were allocated based on legitimate trading activity and liquidity contributions, and asserted its commitment to preventing fraudulent activities in future campaigns.
Source: YAHOO