PANews reported on October 29th that blockchain analytics platform Bubblemaps published an article on the X platform stating that Sybil activity was detected in the MegaETH (MEGA) presale, with approximately 20 entities using multiple, interconnected wallets to stake, exceeding the $186,000 limit. Echo implements a strict Know Your Customer (KYC) process for all users. However, users may still be able to stake multiple times using different IDs (e.g., IDs from friends or family).PANews reported on October 29th that blockchain analytics platform Bubblemaps published an article on the X platform stating that Sybil activity was detected in the MegaETH (MEGA) presale, with approximately 20 entities using multiple, interconnected wallets to stake, exceeding the $186,000 limit. Echo implements a strict Know Your Customer (KYC) process for all users. However, users may still be able to stake multiple times using different IDs (e.g., IDs from friends or family).

Bubblemaps: Witch activity detected during MEGA pre-orders

2025/10/29 10:50

PANews reported on October 29th that blockchain analytics platform Bubblemaps published an article on the X platform stating that Sybil activity was detected in the MegaETH (MEGA) presale, with approximately 20 entities using multiple, interconnected wallets to stake, exceeding the $186,000 limit. Echo implements a strict Know Your Customer (KYC) process for all users. However, users may still be able to stake multiple times using different IDs (e.g., IDs from friends or family).

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights