律动BlockBeats
律动BlockBeats|Oct 23, 2025 04:11
[KOL Reveals: Allegations of ATH Executives Collaborating with Investors to Short Against the Founder, Setting Up Large Short Positions and Dumping Spot Holdings] BlockBeats News, October 23 – According to revelations from crypto KOL 'Fearless Crypto,' recent insider information from multiple sources has surfaced regarding ATH's recent sharp decline, with two versions of the story circulating: Version 1: After the founder initiated a pump through public calls, they dumped holdings and opened short positions. By spreading insider information about 'an imminent pump' through affiliated investors, institutions, partners, and industry players, they were able to offload at high prices. Version 2: Internal executives at ATH, dissatisfied with the founder's unequal profit distribution, secretly collaborated with investor VCs to leverage funds for shorting, directly opposing the founder's capital used for accumulation and pumping. Reportedly, these internal executives, along with the founder and other colleagues, participated in meetings and had full control and involvement in all positive developments, such as the $350 million DAT financing. During the process of pumping to the peak, they set up massive short positions and coordinated with spot holdings to offload, ultimately leading to a sharp decline and profiting from the community. Additionally, the team allegedly leveraged well-known whistleblower bloggers, such as 'Crypto Encyclopedia,' to disclose company-level details and various positive actions. By utilizing these bloggers for exposure, they created public sentiment favorable to shorting.
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