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Arthur Hayes accused of promoting then quickly selling four crypto tokens, raising concerns over influencer trade ethics.

Market News
06 Jun 2026
Bitcoin
View Source
Bearish
pluang ai news

Arthur Hayes, co-founder of BitMEX, has been accused by onchain investigator ZachXBT of promoting four crypto tokens—Zcash (ZEC), NEAR, HYPE, and Worldcoin (WLD)—to his followers and then quickly selling them, a practice known as creating "exit liquidity." Hayes reportedly urged followers to buy WLD before dumping his position shortly after, repeating a pattern seen with the other tokens within about 15 days. This has sparked debate about transparency and ethics in influencer-driven crypto trading, though no illegal activity has been proven. The tokens involved are sensitive to market sentiment due to their lower liquidity compared to major cryptocurrencies.

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