VCs 'pre-farming' DeFi projects raises questions about ethics in crypto investing and airdrops

Quick Take

  • Last week a pseudonymous crypto user published evidence suggesting that a VC firm may have been trading based on insider knowledge of a DeFi protocol it backs.
  • The episode highlights the chaotic world of crypto VC investing and raises fresh questions about the mechanics of airdrops.
Crypto investors with inside knowledge can use various tactics to profit based on that information. Should that be allowed?

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