CryptoTimes - Arthur Hayes' promotion of Pendle at Token2049 sparked controversy after he transferred millions of dollars worth of the token to centralized exchanges, raising concerns about market manipulation and potential cash-outs

https://www.cryptotimes.io/2024/09/21/did-arthur-hayes-dump-pendle-after-promotion-at-token2049/

Arthur Hayes, former BitMEX CEO, promoted Pendle at Token2049.

However, his subsequent transfer of over a million dollars worth of Pendle tokens to centralized exchanges sparked concerns of market manipulation and a potential cash-out.

The crypto community reacted critically, questioning Hayes' motives and highlighting the potential risks associated with investing in projects promoted by influential figures.

Beware of potential market manipulation!!