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Meteora's spokesperson responded to insider trading speculation, stating that a risk control mechanism has been established and that they were "unaware" of the situation beforehand.

Zen @realdezen, head of the Solana protocol Meteora, stated that since taking over in March last year, the team has taken insider trading risks seriously and has established practical protective measures.

Zen said that Meteora is a permissionless platform, and over the past 12 months, the main focus has been on improving the robustness and reliability of the infrastructure to enable projects to go live without manual intervention from the team. Therefore, the team only became aware of certain situations after some projects went live or were integrated. In related prediction markets, Meteora once became the highest probability and top-ranked speculation target.

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