Ronaldinho’s STAR10 Token Launches Amid Insider Trading and Security Concerns
Ronaldinho’s STAR10 token launched on BNB Chain, reaching a peak of $0.3855 with a market cap exceeding $360M. However, concerns have emerged over insider trading, as an individual linked to Ronaldinho made nearly $5M in profits. Another wallet acquired 12.24% of the supply for $50K, quickly selling part for $270K while holding $33.5M worth of tokens. Additionally, GoPlus flagged security risks, warning the contract allowed token burning, though this issue was later resolved.