Unknown User Collects Almost USD One Million JUP Tokens from Airdrop
An unknown user has collected almost USD one million worth of JUP tokens from the recent airdrop of the Solana native Jupiter exchange. There are allegations of manipulation by an individual to garner the tokens by overriding established controls. The unknown airdrop hunter collected 1.85 million JUP (almost USD one million) using over 9,000 wallets to achieve this goal. Some users are presuming an insider job of having leaked the airdrop information much in advance to the beneficiary.
Jupiter's JUP Token Airdrop Mired in Insider Leak Allegations
Users have alleged an insider leak in the JUP token airdrop event. Some users have questioned the fairness of the Jupiter airdrop, an event that distributed over USD 700 million in JUP tokens to users of the Solana native Jupiter exchange in January. The airdrop is one of the largest in its category. However, crypto sleuths are beginning to detect several irregularities in the airdrop event.
X user Open4profit claimed the airdrop was unfair because an unknown user gamed the system for receiving 1.85 million JUP tokens (almost USD one million) using over 9,000 wallets to achieve this objective.
The founder of Jupiter, also known as Meow in X, acknowledged the irregularities but denied an insider leak before the airdrop. He stated:
"This was something we did not catch. We did not declare an airdrop ahead of time, but someone guessed the airdrop a few days before and farmed it super hard. I will do much better in the future."
Another X user, Lord Ashtray, stated that most likely, the airdrop hunter was tipped off by an insider because he knew exactly how to farm the JUP airdrop without triggering the bot detection algorithms that prevent this kind of farming. He also said that other teams tried to farm the airdrop without much success.
Lord Ashtray posted:
"Stop being a lying piece of human being and just start investigating which team member leaked all the information and to whom."
Users Slam Jupiter Founder's Inaction
Some users have slammed the founder of Jupiter for not initiating a probe after acknowledging the blunder. However, so far, nothing has emerged between the Jupiter team members and the unknown beneficiary of the airdrop event.
What is your take on the leak allegations that allowed an airdrop hunter to collect almost USD 1 million worth of JUP tokens? Please share your thoughts and opinions in the comments section below.
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