The post aPriori Dismisses Insider Airdrop, Leaving Key Questions Unanswered appeared com. Web3 startup aPriori said Friday that suspicious activity tied to its recent airdrop was not connected to its team, following investor concerns that a single entity claimed an outsized portion of the token distribution. A mysterious entity claimed about 60% of the recent aPriori (APR) token airdrop across 14, 000 interconnected cryptocurrency wallets, according to blockchain analytics platform Bubblemaps. The pattern resembles a Sybil-style farming operation, where one actor uses multiple wallets to maximize rewards. APriori lowered eligibility requirements for its Monad Mainnet airdrop in an effort to reward “genuine users,” but said Friday it found “no evidence that anyone on the contributing team or from the foundation has claimed the airdrop.” Cointelegraph was unable to verify who controls the wallet cluster and contacted aPriori for more details. “They’re saying there was a leak and someone used that info,” Vaiman told Cointelegraph. APriori is a San Francisco-based company founded in 2023. In August, aPriori raised $20 million to expand its trading infrastructure platform, with participation from Pantera Capital, HashKey Capital and Primitive Ventures among others, reaching $30 million in total funding. Related: Bitcoin whale Owen Gunden dumps entire $1. 3B stack as institutions tighten grip APriori increases Monad airdrop allocation, crypto investors remain divided APriori updated the parameters of the incoming airdrop allocation, which will be primarily based on “social contribution,” the announcement stated. The startup has also increased its unlock on its airdrop allocation from 12% to 15%, meaning that users can claim 3% more of their airdrop allocation when the Monad mainnet goes live on Nov. 24 The remaining 85% will be claimable six months after the mainnet launch, according to aPriori’s updated. Continue reading aPriori Dismisses Insider Airdrop, Leaving Key Questions Unanswered→
