en.bitcoinsistemi.com
Blockchain analysis platform Bubblemaps has detected serious suspicions of manipulation in the $APR token airdrop of the aPriori project, which is backed by prominent investors.
According to the company, 60% of aPriori’s airdrop on $BNB Chain, which had previously raised $30 million in funding, was claimed by a single entity across approximately 14,000 linked addresses.
According to reports, all of these wallets were newly funded on the Binance exchange, each receiving 0.001 $BNB, and these transactions occurred within narrow timeframes. These wallets then transferred their $APR tokens to other newly created addresses. Bubblemaps indicates that these transactions were coordinated by a single entity based on on-chain cluster analysis.
aPriori is among the most anticipated projects in the Monad ecosystem. The project launched its $APR token on the $BNB Chain on October 23rd and quickly reached a market capitalization of $300 million. Prior to the mainnet launch, 12% of the total supply was distributed through an airdrop campaign.
However, this discovery raises serious questions about the fairness of the distribution process. Bubblemaps stated, “This project raised $30 million from top-tier investors, but 60% of the airdrop was collected by a single entity. It's unclear how these addresses were deemed eligible.”
The platform added that it has attempted to reach out to the aPriori team but has yet to receive a response. The entity is reportedly continuing to collect tokens from the $APR airdrop by funding new wallets.
*This is not investment advice.