{"id":625206,"date":"2024-06-18T16:00:16","date_gmt":"2024-06-18T16:00:16","guid":{"rendered":"https:\/\/shenyangcang.com\/?p=625206"},"modified":"2024-07-10T12:11:48","modified_gmt":"2024-07-10T12:11:48","slug":"flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal","status":"publish","type":"post","link":"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/","title":{"rendered":"Flocka Fiasco: Waka Flocka Flame&#8217;s Crypto Launch Crashes Into Insider Trading Scandal"},"content":{"rendered":"<p data-sourcepos=\"3:1-3:65\"><span id=\"input-sentence~0\">Originally stretched out for rapper Waka Flocka Flame&#8217;s FLOCKA token launch on June 17th, the red carpet of cryptocurrencies swiftly turned into a red flag for investors. The new coin has been shadowed by suspicious pre-launch behaviour, which has led to claims of <a href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/meme-coins-mew-and-daddy-post-gains-amid-accusations-against-waka-flocka-and-heavy-losses-across-meme-sector-202406171917\" rel=\"nofollow\">insider trading<\/a> and questions around celebrity participation in the erratic cryptocurrency market.<\/span><span id=\"input-sentence~1\"><br \/>\n<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/shenyangcang.com\/news\/bitcoin\/metrics-signal-bitcoin-price-increase-but-when-is-anyones-guess\/\" target=\"_blank\" rel=\"noopener \">Metrics Signal Bitcoin Price Increase \u2013 But When Is Anyone\u2019s Guess<\/a><\/div>\n<h2 data-sourcepos=\"5:1-5:5\"><strong>40% FLOCKA Disappears Before Takeoff<\/strong><\/h2>\n<p data-sourcepos=\"7:1-7:109\"><span id=\"input-sentence~1\">First to raise the alert were blockchain detectives. A single wallet swooped in and devoured an amazing forty percent of the whole token supply just before FLOCKA&#8217;s official release.<\/span><span id=\"input-sentence~2\"><br \/>\n<\/span><\/p>\n<p data-sourcepos=\"7:1-7:109\">Because it suggested possible market manipulation, this pre-launch land grab made crypto fans anxious. The story grew more convoluted when the same wallet started quickly spreading its FLOCKA contents throughout a network of anonymous accounts just after debut.<\/p>\n<p data-sourcepos=\"7:1-7:109\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-625211\" src=\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/06\/A_ea76c2.png?resize=351%2C776\" alt=\"\" width=\"351\" height=\"776\" srcset=\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/06\/A_ea76c2.png?w=351 351w, https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/06\/A_ea76c2.png?w=208 208w\" sizes=\"auto, (max-width: 351px) 100vw, 351px\"><\/p>\n<p data-sourcepos=\"9:1-9:108\"><span id=\"input-sentence~2\">&#8220;Interesting how a fresh wallet funded by exchange snipped ~40% of the supply and distributed to alt wallets,&#8221; tweeted ZachXBT, a well-known blockchain researcher.<\/span><span id=\"input-sentence~3\"> Token rapid fire distribution raised questions about someone with inside knowledge using the market to their benefit.<br \/>\n<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Huge insider activity on <a href=\"https:\/\/twitter.com\/search?q=%24FLOCKA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$FLOCKA<\/a> \ud83d\udea8<\/p>\n<p>Wallet Ag41go sniped 40% of the supply at launch and spread it into 60+ wallets, before Waka Flocka (<a href=\"https:\/\/twitter.com\/WakaFlocka?ref_src=twsrc%5Etfw\" rel=\"nofollow\">@WakaFlocka<\/a>) made the announcement.<a href=\"https:\/\/t.co\/9tBAFwQWef\" rel=\"nofollow\">https:\/\/t.co\/9tBAFwQWef<\/a> <a href=\"https:\/\/t.co\/xq5yddGbDv\" rel=\"nofollow\">https:\/\/t.co\/xq5yddGbDv<\/a> <a href=\"https:\/\/t.co\/UyNLPVLqWz\" rel=\"nofollow\">pic.twitter.com\/UyNLPVLqWz<\/a><\/p>\n<p>\u2014 Bubblemaps (@bubblemaps) <a href=\"https:\/\/twitter.com\/bubblemaps\/status\/81305310?ref_src=twsrc%5Etfw\" rel=\"nofollow\">June 17, 2024<\/a><\/p><\/blockquote>\n<p data-sourcepos=\"9:1-9:108\"><span id=\"input-sentence~3\">Sites like Bubblemaps, which focus on visualising blockchain transactions, mirrored similar worries.<\/span><span id=\"input-sentence~4\"> &#8220;Huge insider activity,&#8221; said Bubblemaps&#8217; CEO, Nicolas Vaiman, emphasising the pre-launch acquisition.<br \/>\n<\/span><\/p>\n<p data-sourcepos=\"9:1-9:108\">Vaiman went further, denouncing the rising tendency of celebrities entering cryptocurrencies without a strong knowledge of the underlying technology or market dynamics.<\/p>\n<figure style=\"width: 1835px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/IinfORk8\/\" width=\"1835\" height=\"883\"><figcaption class=\"wp-caption-text\">Total crypto market cap currently at $2.2 trillion. Chart: <a href=\"https:\/\/www.tradingview.com\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<h2 data-sourcepos=\"11:1-11:44\"><strong>Waka Flocka Flame&#8217;s Past Raises Eyebrows<\/strong><\/h2>\n<p data-sourcepos=\"13:1-13:497\">Not the only dark cloud hovering over FLOCKA was insider trading&#8217;s shadow. Past transgressions with the cryptocurrency realm by Waka Flocka Flame begged questions about his motives.<\/p>\n<p data-sourcepos=\"13:1-13:497\"><span id=\"input-sentence~5\">Reports state that the rapper has a history of endorsing dubious crypto projects, usually failing to reveal that they were sponsored endorsements.<\/span><span id=\"input-sentence~6\"> Many of this pattern of behaviour made many wonder whether FLOCKA was really another tool for a fast profit instead than a real cryptocurrency with long-term value.<br \/>\n<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/shenyangcang.com\/news\/from-cheers-to-tears-beercoin-beer-dries-up-loses-70-of-its-value\/\" target=\"_blank\" rel=\"noopener \">From Cheers To Tears: Beercoin (BEER) Dries Up, Loses 70% Of Its Value<\/a><\/div>\n<h3 data-sourcepos=\"15:1-15:42\"><strong>Crypto Celebrities: Hype Or Expertise?<\/strong><\/h3>\n<p data-sourcepos=\"17:1-17:73\">The FLOCKA scandal brings the discussion about celebrity participation in the bitcoin field back alive. Critics contend that while celebrity sponsorships surely create interest and draw fresh investors, this sometimes comes at the price of investor knowledge and market stability.<\/p>\n<p data-sourcepos=\"17:1-17:73\">Vaiman contends that these stars lack the knowledge and experience required and highlights the possibility of unethical behaviour driven by a need for fast profits as a result of misguided advertisements.<\/p>\n<p data-sourcepos=\"17:1-17:73\"><em>Featured image from Getty Images, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Originally stretched out for rapper Waka Flocka Flame&#8217;s FLOCKA token launch on June 17th, the red carpet of cryptocurrencies swiftly turned into a red flag for investors. The new coin has been shadowed by suspicious pre-launch behaviour, which has led to claims of insider trading and questions around celebrity participation in the erratic cryptocurrency market. Related Reading: Metrics Signal Bitcoin Price Increase \u2013 But When Is Anyone\u2019s Guess 40% FLOCKA Disappears Before Takeoff First to raise the alert were blockchain detectives. A single wallet swooped in and devoured an amazing forty percent of the whole token supply just before FLOCKA&#8217;s official release. Because it suggested possible market manipulation, this pre-launch land grab made crypto fans anxious. The story grew more convoluted when the same wallet started quickly spreading its FLOCKA contents throughout a network of anonymous accounts just after debut. &#8220;Interesting how a fresh wallet funded by exchange snipped ~40% of the supply and distributed to alt wallets,&#8221; tweeted ZachXBT, a well-known blockchain researcher. Token rapid fire distribution raised questions about someone with inside knowledge using the market to their benefit. Huge insider activity on $FLOCKA \ud83d\udea8 Wallet Ag41go sniped 40% of the supply at launch and spread it into 60+ wallets, before Waka Flocka (@WakaFlocka) made the announcement.https:\/\/t.co\/9tBAFwQWef https:\/\/t.co\/xq5yddGbDv pic.twitter.com\/UyNLPVLqWz \u2014 Bubblemaps (@bubblemaps) June 17, 2024 Sites like Bubblemaps, which focus on visualising blockchain transactions, mirrored similar worries. &#8220;Huge insider activity,&#8221; said Bubblemaps&#8217; CEO, Nicolas Vaiman, emphasising the pre-launch acquisition. Vaiman went further, denouncing the rising tendency of celebrities entering cryptocurrencies without a strong knowledge of the underlying technology or market dynamics. Waka Flocka Flame&#8217;s Past Raises Eyebrows Not the only dark cloud hovering over FLOCKA was insider trading&#8217;s shadow. Past transgressions with the cryptocurrency realm by Waka Flocka Flame begged questions about his motives. Reports state that the rapper has a history of endorsing dubious crypto projects, usually failing to reveal that they were sponsored endorsements. Many of this pattern of behaviour made many wonder whether FLOCKA was really another tool for a fast profit instead than a real cryptocurrency with long-term value. Related Reading: From Cheers To Tears: Beercoin (BEER) Dries Up, Loses 70% Of Its Value Crypto Celebrities: Hype Or Expertise? The FLOCKA scandal brings the discussion about celebrity participation in the bitcoin field back alive. Critics contend that while celebrity sponsorships surely create interest and draw fresh investors, this sometimes comes at the price of investor knowledge and market stability. Vaiman contends that these stars lack the knowledge and experience required and highlights the possibility of unethical behaviour driven by a need for fast profits as a result of misguided advertisements. Featured image from Getty Images, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":625216,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,92609,1557,92608],"class_list":["post-625206","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-celebrity-crypto","tag-cryptocurrencies","tag-flocka"],"acf":[],"yoast_head":"\n<title>Flocka Fiasco: Waka Flocka Flame&#039;s Crypto Launch Crashes into Insider Trading Scandal<\/title>\n<meta name=\"description\" content=\"Originally stretched out for rapper Waka Flocka Flame&#039;s FLOCKA token launch on June 17th, the red carpet of cryptocurrencies swiftly turned into a red\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Flocka Fiasco: Waka Flocka Flame&#039;s Crypto Launch Crashes into Insider Trading Scandal\" \/>\n<meta property=\"og:description\" content=\"Originally stretched out for rapper Waka Flocka Flame&#039;s FLOCKA token launch on June 17th, the red carpet of cryptocurrencies swiftly turned into a red\" \/>\n<meta property=\"og:url\" content=\"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-18T16:00:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-10T12:11:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/06\/a_ae0129.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1703\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Christian Encila\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Christian Encila\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/\"},\"author\":{\"name\":\"Christian Encila\",\"@id\":\"https:\/\/shenyangcang.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80\"},\"headline\":\"Flocka Fiasco: Waka Flocka Flame&#8217;s Crypto Launch Crashes Into Insider Trading Scandal\",\"datePublished\":\"2024-06-18T16:00:16+00:00\",\"dateModified\":\"2024-07-10T12:11:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/\"},\"wordCount\":479,\"publisher\":{\"@id\":\"https:\/\/shenyangcang.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/06\/a_ae0129.jpg?fit=2560%2C1703\",\"keywords\":[\"altcoins\",\"celebrity crypto\",\"cryptocurrencies\",\"FLOCKA\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/shenyangcang.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/\",\"url\":\"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/\",\"name\":\"Flocka Fiasco: Waka Flocka Flame's Crypto Launch Crashes into Insider Trading Scandal\",\"isPartOf\":{\"@id\":\"https:\/\/shenyangcang.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/06\/a_ae0129.jpg?fit=2560%2C1703\",\"datePublished\":\"2024-06-18T16:00:16+00:00\",\"dateModified\":\"2024-07-10T12:11:48+00:00\",\"description\":\"Originally stretched out for rapper Waka Flocka Flame's FLOCKA token launch on June 17th, the red carpet of cryptocurrencies swiftly turned into a red\",\"breadcrumb\":{\"@id\":\"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/#primaryimage\",\"url\":\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/06\/a_ae0129.jpg?fit=2560%2C1703\",\"contentUrl\":\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/06\/a_ae0129.jpg?fit=2560%2C1703\",\"width\":2560,\"height\":1703,\"caption\":\"Flocka\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/shenyangcang.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Flocka Fiasco: Waka Flocka Flame&#8217;s Crypto Launch Crashes Into Insider Trading Scandal\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/shenyangcang.com\/#website\",\"url\":\"https:\/\/shenyangcang.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/shenyangcang.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/shenyangcang.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/shenyangcang.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/shenyangcang.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/shenyangcang.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/shenyangcang.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/shenyangcang.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80\",\"name\":\"Christian Encila\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/shenyangcang.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g\",\"caption\":\"Christian Encila\"},\"description\":\"They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.\",\"sameAs\":[\"jomarjet01\"],\"url\":\"https:\/\/shenyangcang.com\/author\/jomarjet01\/\"}]}<\/script>\n","yoast_head_json":{"title":"Flocka Fiasco: Waka Flocka Flame's Crypto Launch Crashes into Insider Trading Scandal","description":"Originally stretched out for rapper Waka Flocka Flame's FLOCKA token launch on June 17th, the red carpet of cryptocurrencies swiftly turned into a red","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/","og_locale":"en_US","og_type":"article","og_title":"Flocka Fiasco: Waka Flocka Flame's Crypto Launch Crashes into Insider Trading Scandal","og_description":"Originally stretched out for rapper Waka Flocka Flame's FLOCKA token launch on June 17th, the red carpet of cryptocurrencies swiftly turned into a red","og_url":"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-06-18T16:00:16+00:00","article_modified_time":"2024-07-10T12:11:48+00:00","og_image":[{"width":2560,"height":1703,"url":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/06\/a_ae0129.jpg","type":"image\/jpeg"}],"author":"Christian Encila","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Christian Encila","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/#article","isPartOf":{"@id":"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/"},"author":{"name":"Christian Encila","@id":"https:\/\/shenyangcang.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80"},"headline":"Flocka Fiasco: Waka Flocka Flame&#8217;s Crypto Launch Crashes Into Insider Trading Scandal","datePublished":"2024-06-18T16:00:16+00:00","dateModified":"2024-07-10T12:11:48+00:00","mainEntityOfPage":{"@id":"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/"},"wordCount":479,"publisher":{"@id":"https:\/\/shenyangcang.com\/#organization"},"image":{"@id":"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/#primaryimage"},"thumbnailUrl":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/06\/a_ae0129.jpg?fit=2560%2C1703","keywords":["altcoins","celebrity crypto","cryptocurrencies","FLOCKA"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/shenyangcang.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/","url":"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/","name":"Flocka Fiasco: Waka Flocka Flame's Crypto Launch Crashes into Insider Trading Scandal","isPartOf":{"@id":"https:\/\/shenyangcang.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/#primaryimage"},"image":{"@id":"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/#primaryimage"},"thumbnailUrl":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/06\/a_ae0129.jpg?fit=2560%2C1703","datePublished":"2024-06-18T16:00:16+00:00","dateModified":"2024-07-10T12:11:48+00:00","description":"Originally stretched out for rapper Waka Flocka Flame's FLOCKA token launch on June 17th, the red carpet of cryptocurrencies swiftly turned into a red","breadcrumb":{"@id":"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/#primaryimage","url":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/06\/a_ae0129.jpg?fit=2560%2C1703","contentUrl":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/06\/a_ae0129.jpg?fit=2560%2C1703","width":2560,"height":1703,"caption":"Flocka"},{"@type":"BreadcrumbList","@id":"https:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/shenyangcang.com\/"},{"@type":"ListItem","position":2,"name":"Flocka Fiasco: Waka Flocka Flame&#8217;s Crypto Launch Crashes Into Insider Trading Scandal"}]},{"@type":"WebSite","@id":"https:\/\/shenyangcang.com\/#website","url":"https:\/\/shenyangcang.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/shenyangcang.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/shenyangcang.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/shenyangcang.com\/#organization","name":"NewsBTC","url":"https:\/\/shenyangcang.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/shenyangcang.com\/#\/schema\/logo\/image\/","url":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/shenyangcang.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/shenyangcang.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80","name":"Christian Encila","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/shenyangcang.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","caption":"Christian Encila"},"description":"They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/shenyangcang.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Flocka Fiasco: Waka Flocka Flame&#8217;s Crypto Launch Crashes Into Insider Trading Scandal","url":"http:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/shenyangcang.com\/news\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\/"},"thumbnailUrl":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/06\/a_ae0129.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/06\/a_ae0129.jpg?fit=2560%2C1703"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoins","celebrity crypto","cryptocurrencies","flocka"],"dateCreated":"2024-06-18T16:00:16Z","datePublished":"2024-06-18T16:00:16Z","dateModified":"2024-07-10T12:11:48Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Flocka Fiasco: Waka Flocka Flame&#8217;s Crypto Launch Crashes Into Insider Trading Scandal\",\"url\":\"http:\\\/\\\/shenyangcang.com\\\/news\\\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/shenyangcang.com\\\/news\\\/flocka-fiasco-waka-flocka-flames-crypto-launch-crashes-into-insider-trading-scandal\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/shenyangcang.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/a_ae0129.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/shenyangcang.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/a_ae0129.jpg?fit=2560%2C1703\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/shenyangcang.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoins\",\"celebrity crypto\",\"cryptocurrencies\",\"flocka\"],\"dateCreated\":\"2024-06-18T16:00:16Z\",\"datePublished\":\"2024-06-18T16:00:16Z\",\"dateModified\":\"2024-07-10T12:11:48Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/shenyangcang.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/06\/a_ae0129.jpg?fit=2560%2C1703","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/posts\/625206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/comments?post=625206"}],"version-history":[{"count":0,"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/posts\/625206\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/media\/625216"}],"wp:attachment":[{"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/media?parent=625206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/categories?post=625206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/tags?post=625206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}