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42
@42space
eventcoins: from real-world events โžก liquid assets backed by @yzilabs, @dragonfly_xyz, @cbventures, @castleislandVC, @1kxnetwork, @enlightcapital @42_mandarin
Joined June 2021
22 Following    47K Followers
About the โ€œ$ๅ…‰ๆบ FDV by end of May 31stโ€ market resolution and final settlement ๐Ÿ‘‡ โœฆ What Happened During the resolution process for the โ€œ$ๅ…‰ๆบ FDV by end of May 31stโ€ market on 42, we reviewed the $ๅ…‰ๆบ trading activity and identified concerns regarding the integrity of the valuation snapshot. During this review, we observed trading activity near the resolution window (June 1, 2026, 00:00:00 UTC) involving wallets: โœง 0x7260...c45e ( (Buy orders: May 31, 2026, 23:58:36 UTC โ€” 23:59:56 UTC; Sell orders: June 1, 2026, 00:01:23 UTC โ€” 00:17:22 UTC) โœง 0x7e03...d90c ( (Buy orders: May 31, 2026, 23:58:04 UTC โ€” 23:59:56 UTC; Sell orders: June 1, 2026, 00:01:38 UTC โ€” 00:17:22 UTC) Our investigation suggests that these wallets are connected to a specific 42 wallet, the same address that subsequently became the primary holder of the $500Kโ€“$1M outcome: โœง 0x3534...1792 ( Based on the information available to us, we concluded that this activity materially affected the valuation snapshot that would otherwise have been used for settlement, and did not reflect fair market conditions. โœฆ Final Decision Protecting users and maintaining market integrity are our highest priorities. As stated in the 42 Terms of Use, prohibited conduct includes market manipulation, coordinated trading intended to artificially influence prices, and actions intended to influence real-world event outcomes for profit on related markets: Consequently, following our review and the issues identified, we are excluding the impact of that activity from the final settlement. As a result, the $ๅ…‰ๆบ FDV market will resolve to: Below $500K. โœฆ Community First We appreciate the users who raised concerns and brought this issue to our attention. The dispute mechanism exists to ensure that participants have a path to challenge outcomes when they believe a market does not reflect fair settlement. We encourage users to continue raising concerns whenever they believe market integrity may be at risk. Trade the flow. Settle on truth. -42
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