ZachXBT Flags Kraken as Key Venue in M Token Manipulation, Cites $6B Cap Against $66M in App Volume

Onchain investigator ZachXBT has named Kraken as a key enabler of M token manipulation, citing a $6 billion market cap backed by just $66 million in native app volume and insider wallets controlling more than 90% of supply. Key Takeaways: Kraken joined Bitget and Binance on April 20 in ZachXBT’s expanding M token manipulation probe. […]