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This KAITO project is getting more and more interesting the deeper I dig. A week ago, the large transfer of coins to the exchange was basically confirmed, and even the project team admitted they had known about it as early as the 13th. I even think they might have heard the news as early as the 8th.
Simply put, it's the kind of scheme where they know what's going to happen, lay out their plans in advance, and finally dump coins to wipe out their own users. What's the most disgusting part of these projects? It's not market volatility, but information asymmetry— they hold internal information while users are groping in the dark.
If you're still holding related tokens, now is the time to carefully consider this. Stay away from projects with obvious issues, and don't become the last person to take the fall. The crypto world has already suffered too many losses; there's no need to give problematic teams a second chance.