🎄 Cryptonary Christmas Sale! 50% OFF. Save $500 Now Only ⏰ : 1d 1h 30m 25s
PeckShield data suggests insider trading was widespread in Yuga Labs' acquisition of Meebits
The NFT industry has been enjoying a huge amount of spotlight in recent months and it seems that due to the absence of regulations, even the most notable projectors are all about making money. PeckShield data suggests that there was insider trading going on before one of the biggest deals in the NFT industry occurred.
PeckShield shines light on the matter
PeckShield, a blockchain security and analysis firm has confirmed that before the announcement from Bored Ape Yacht Club’s Yuga Labs had confirmed acquiring CryptoPunks and Meebits from Larva Labs, “around 14 Ethereum addresses, with no previous history of mainstream NFT collection purchases, bought 159 Meebits between March 5 and March 11.”Moreover, Bloomberg also reported that “the top address, as shown on Etherscan, purchased 24 Meebits at once on March 5.” Furthermore, it is also important to note that the floor price, i.e., the lowest price that a buyer is ready to accept on an NFT marketplace, went as high as 6.134 ETH on March 12 and this value doubled in the following days. PeckShield believes that this could be a situation of insider trading.
An increase in NFT-related crimes
Due to being unregulated in nature, the NFT industry has seen a number of scam projects. There are countless NFTs being generated every day and one of these was the beloved Pudgy Penguins. The Pudgy Penguins is a collection of 8888 unique NFTs which was created by 309 Labs.Cole Thereum and Twitter user @tubbyfat, the co-founders of this new project were voted out of the project following a community vote as the two had failed to fulfill their promises and also drained the treasury’s funds. The new data from PeckShield confirms that even the biggest NFT projects are not safe enough without regulations.
Continue reading by joining Cryptonary Pro
$997 $497/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
3X Value Guarantee
If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the 3X Value Guarantee work?
We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.
Recommended from Cryptonary
