[Backpack Responds to Polymarket Traders Buying BP: Involved Traders Are Not Insiders] Foresight News reports that Backpack tweeted, 'This morning, a trader held a large position betting that BP's FDV would exceed $200 million the day after TGE. As the resolution window approached and BP's price hovered around $0.19, some traders made significant purchases of BP tokens, attempting to push the price above $0.20 to win the bet. We immediately launched an investigation, and these traders are not insiders. They are not employees, directors, executives, or advisors of Backpack, nor are they affiliated with Backpack in any way.'