A cryptic post from blockchain investigator ZachXBT triggered a surge of betting activity on Polymarket, with more than $2.2 million traded on a market asking which crypto company he will expose in an upcoming insider-trading investigation.
ZachXBT wrote on X that a “major investigation” will be released on February 26 into one of crypto’s most profitable businesses, alleging insider trading. He did not name the company.
Within hours, traders piled into prediction bets. Polymarket shows Meteora leading the odds, followed by MEXC, Pump.fun, and World Liberty Financial ($WLFI).
NEW: Major investigation dropping February 26 on one of crypto’s most profitable businesses where multiple employees abused internal data to insider trade over a prolonged period of time. pic.twitter.com/Losou2CZ2N
— ZachXBT (@zachxbt) February 23, 2026
Why Polymarket Traders are Betting on Meteora and MEXC
Meteora has drawn heavy attention because of its role as a Solana-based trading infrastructure tied to high-volume meme coin liquidity.
It has also faced scrutiny in community discussions around politically linked meme coin activity, including Trump-related tokens.
ZackXBT’s Post Triggers Massive Bets. Source: Polymarket
MEXC appears on the list because it has repeatedly been mentioned in social media debates around listing behavior, whale activity, and alleged insider-style trading patterns in meme coin markets.
That does not prove wrongdoing, but it helps explain why bettors quickly priced it as a candidate.
Pump.fun and Whale Scrutiny Keep It in the Frame
Pump.fun also drew bets because it sits at the center of the meme coin launch economy.
The platform has been under intense community scrutiny over early-wallet activity, sniping, and whether some participants gained unfair advantages during launches.
Separately, recent online discussion has focused on claims that Hayden Davis may have been an early whale in the PUMP token launch.
However, Pump.Fun later refuted those claims, calling them baseless.
🚨Update: Pumpfun co-founder @a1lon9 denies any contact with Hayden Davis, saying the team “didn’t even know he existed” until after the scandal and calling the allegations misinformation and defamatory. https://t.co/8oA5oQDRjb
— SolanaFloor (@SolanaFloor) February 19, 2026
Those claims remain part of broader market speculation unless backed by direct evidence or formal findings.
World Liberty Financial Added after $USD1 Depeg Scare
$WLFI likely entered the betting conversation after $USD1 briefly depegged earlier on February 23 before recovering.
$WLFI blamed a coordinated attack, saying hackers compromised cofounder accounts, spread fear, and opened short positions.
A coordinated attack was launched against $USD1 this morning. Attackers hacked several $WLFI cofounder accounts, paid influencers to spread FUD, and opened massive $WLFI shorts to profit from the manufactured chaos.
It didn’t work.
Thanks to $USD1’s sound mint-and-redeem mechanism…
— $WLFI (@worldlibertyfi) February 23, 2026
That episode, plus fresh rumor cycles around $WLFI and politically linked crypto projects, appears to have pushed the company onto traders’ radar.
For now, the Polymarket market reflects sentiment and speculation, not confirmation of ZachXBT’s target.
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