🚀 OX.FUN Freezes Funds of User Involved in Oracle Manipulation
#OXFUN #FundsFrozen #OracleManipulation #CryptoFraud #MarketManipulation #UserViolation #TermsOfService #Jefe #Trading #Cryptocurrency #USDC
According to Foresight News, OX.FUN announced that all funds belonging to the user known as Jefe have been frozen due to his involvement in an oracle manipulation attack. The platform clarified that no other user funds were affected by this incident.
Contrary to Jefe's claims of not engaging in any transactions, he conducted a series of trades that violated OX.FUN's terms of service. On February 14, 2025, at 5:38:43 (UTC+8), Jefe made an initial deposit of 1 million USDC. Shortly after, between 5:46:56 and 5:57:06, he began selling large amounts of JAILSTOOL, placing limit orders below the market price, with transactions exceeding $600,000. He continued to manipulate the market by placing additional limit orders when the price was at a reasonable level of 0.05, with trades over $300,000, and further drove the market down to below 0.04 by 6:00. He then closed his position at a low price of 0.034.
OX.FUN stated that Jefe's actions were a clear violation of their terms of service and harmed the interests of other users on the platform, leading to the freezing of his funds. Despite Jefe's attempts to leverage social media pressure to reclaim his profits, OX.FUN has reached out to him, offering to mitigate some of the losses caused by the social media fallout, but Jefe declined the offer.#OXFUN #FundsFrozen #OracleManipulation #CryptoFraud #MarketManipulation #UserViolation #TermsOfService #Jefe #Trading #Cryptocurrency #USDC
🚀 Bankr Faces Suspension on Telegram and X Platforms
#Bankr #Telegram #X #Twitter #BlockBeats #suspension #termsofservice #AI #AIAgency
According to BlockBeats, AI agency platform Bankr has been suspended from Telegram due to unspecified violations of the platform's terms of service. The platform has encountered similar issues on X, formerly known as Twitter, leading to its suspension there as well. Bankr's co-founder, Deployer, stated that they are currently in communication with both Telegram and Twitter teams to resolve the situation.#Bankr #Telegram #X #Twitter #BlockBeats #suspension #termsofservice #AI #AIAgency
🚀 Polymarket's U.S. Launch Prediction Sparks Debate
#Polymarket #USLaunch #Prediction #Controversy #ForesightNews #LegalDebate #PublicLaunch #InviteOnly #Waitlist #TermsOfService #MarketPrediction
According to Foresight News, a prediction on Polymarket regarding its potential U.S. launch by 2025 has stirred controversy. The rules state that if real-money trading occurs on a regulated designated contract market (DCM) operated by Polymarket by 11:59 p.m. Eastern Time on December 31, 2025, the outcome will be considered 'yes.' Otherwise, it will be 'no.'
Opponents within the community argue that Polymarket's U.S. platform is limited to invite-only or waitlist access, rather than a general public launch. They claim the condition of being 'public' is unmet, with staff suggesting the platform is not yet launched, and U.S. services remain restricted under the terms of service. Legal interpretations also imply that an invitation-only model should not qualify.
Currently, the prediction event is in its final review stage.#Polymarket #USLaunch #Prediction #Controversy #ForesightNews #LegalDebate #PublicLaunch #InviteOnly #Waitlist #TermsOfService #MarketPrediction