Basically, something that happens in traditional finance/IPOs but considered OK. Insider knowledge of knowing when a company will do IPO to get maximum return o

Basically, something that happens in traditional finance/IPOs but considered OK. Insider knowledge of knowing when a company will do IPO to get maximum return on their investment and cashing out when company goes public after great public showing. Only difference between the traditional run of the mill companies that go on IPO with massive valuation and what crypto coins do when they go 'public', is that with IPO case, it is socially acceptable for people to game the system. There are numerous example from IPO bonanza that took place last year where investor did exactly the same and now their stock have reached rock bottom. Whatever value those companies had, the 'insider investor' had their pay day, now its left to rot in public domain. Fantastic.