Exchanges· ★★· bearish·

Papertrade Faces Oracle-Manipulation Allegation as House Pool Shows $3.14 Million

  • —Papertrade's House Pool showed $3.14 million
  • —The cited wallet recorded $1.73 million in realized gains on PaperDash
  • —Papertrade pays winners from a loss-funded pool, queuing unpaid profits if cash runs short
Why it matters: The oracle-manipulation allegation raises questions about the fairness of Papertrade's settlement and could undermine trust in the platform.
Source: The Defiant