Meteora's person in charge responds to insider trading speculation: has established risk control mechanisms, and was "not previously aware" of the relevant situation

BlockBeats News, February 26 — Zen @realdezen, head of the Solana protocol Meteora, stated that since taking over in March last year, the team has been seriously addressing insider trading risks and has established practical protective measures.

Zen described Meteora as a permissionless platform. Over the past 12 months, the main focus has been on improving infrastructure robustness and reliability so that projects can go live without manual intervention from the team. As a result, the team only learned about certain situations after some projects went live or were integrated. In related prediction markets, Meteora once became the most probable and top-ranked guess.

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