Cc9f267dcClaimBefore launching NovaTech in 2019, the Petions promoted AWS Mining, a crypto mining scheme promising 15% to 20% monthly returns that collapsed in 2019AgreeDisagree
Cc9f267dcClaimArgentina's fintech chamber raised concerns that the sudden February 2025 LIBRA cryptocurrency collapse could constitute a rug pull scam targeting crypto investorsAgreeDisagree
Cc9f267dcClaimNovaTech falsely advertised itself as a registered hedge fund broker licensed to trade crypto in the United States, promising returns of 2% to 4% weeklyAgreeDisagree
Cc9f267dcClaimNovaTech targeted Haitian and immigrant communities worldwide using ads in Haitian Creole, social media, and WhatsApp prayer groupsAgreeDisagree
Cc9f267dcClaimNovaTech's traders lost approximately $18.2 million of the $26 million sent for trading, using incoming deposits from new investors to pay out weekly returns and recruitment bonusesAgreeDisagree
Cc9f267dcClaimCynthia Petion, the sole authorized user on NovaTech's investor account, authorized withdrawals of at least $134.5 million to wallets belonging to herself and Eddy PetionAgreeDisagree
Cc9f267dcClaimMore than 11,000 New Yorkers put money into NovaTech and AWS Mining before NovaTech collapsed in May 2023 and locked investors out of withdrawalsAgreeDisagree
Cc9f267dcClaimOn the launch day of PaperTrade, a trader executed $10 million to $20 million market orders on Hyperliquid to move Ethereum perpetual pricesAgreeDisagree
Cc9f267dcClaimThe PaperTrade team stated that transferable PAPER tokens would enable attackers to profit by combining price manipulation with PAPER short positionsAgreeDisagree
Cc9f267dcClaimA trader exploited the correlation between Hyperliquid's order book and PaperTrade's price feed to profit from Ethereum short positionsAgreeDisagree
Cc9f267dcClaimPapertrade restricted PAPER token transfers to prevent potential perpetual attack risks and trading manipulation that could threaten protocol solvencyAgreeDisagree
Cc9f267dcClaimThe Commodity Futures Trading Commission's proposed framework for retail crypto transactions mandates market surveillance, anti-manipulation rules, customer protection, and proof-of-reserves controlsAgreeDisagree
Cc9f267dcClaimASIC's trading rules proposed in Consultation Paper 392 require digital asset platforms to maintain controls to detect and prevent market manipulation and take reasonable steps to ensure best execution for customer ordersAgreeDisagree
Cc9f267dcClaimUnder ASIC's proposed standards, platforms face restrictions on trading for their own accounts as principal and are prohibited from taking benefits to give preferential treatment to specific tokens.AgreeDisagree
Cc9f267dcClaimSandwich attacks on Ethereum cost traders approximately $60 million over the 12 months leading up to October 2025, according to Cointelegraph's analysis of EigenPhi data.AgreeDisagree
Cc9f267dcClaimTrading bots monitor pending public blockchain transactions to execute frontrunning and sandwich attacks ahead of user trades.AgreeDisagree
Cc9f267dcClaimBitquery identified 6.9 million Solana sandwich attacks that extracted $29.7 million from 2.2 million wallets between October 30, 2025, and October 7, 2026.AgreeDisagree
Cc9f267dcClaimCrypto exchanges must guarantee that confirmed order cancellations prevent subsequent fillsAgreeDisagree
Cc9f267dcClaimWallet 0x2025...840e netted approximately $1.28 million in profit on $3.18 billion in trading volume within hours of Papertrade's launch on HyperEVM on October 10, 2026AgreeDisagree
Cc9f267dcClaimPapertrade stated on October 11, 2026, that it began tightening open interest caps onchain and at the relayer level following launch-day manipulation attempts on BTC and ETHAgreeDisagree