At least 15 blockchain wallets suspected of insider trading have turned an initial $14,600 investment into over $20 million, raising concerns about transparency and fairness in cryptocurrency markets. The 15 insider wallets made over $20 million in profit on the Focai.fun (FOCAI), a memecoin recently launched on Solana’s SOL memecoin launchpad Pump.fun. The suspected insiders have made an over 136,000-fold return on their initial $14,600 investment, which bought them over 60.5% of the total token supply, according to onchain analytics firm Lookonchain. “They then sold all their $Focai for 94,175 $SOL($20.5M), netting 94,108 $SOL($20.48M).”