On Nov. 6, Bubblemaps urged crypto launchpads to examine whether leading traders use linked wallets to benefit from platform incentives without exposing those trades to followers.
The firm called on platforms to map links among leading traders’ wallets and bar repeat offenders. Bubblemaps summarized its concern with the line, “Side wallets have become a business model.” It uses “side wallets” for secondary addresses it associates with traders, separate from the wallets they display publicly.
The firm had reviewed four influencers on Nov. 5, describing its findings as analysis and estimates. Bubblemaps’ allegations included wallet links to Solstice. EconoTimes previously covered Bubblemaps’ estimate that individual wallets held 0.5% to 1% of tokens promoted by Solstice.
The appeal named no launchpad as a target and pointed to no platform that had adopted its proposed audits or bans. Bubblemaps said it plans a later disclosure about a well-known figure, but provided neither a name nor wallet details.
