出於操縱擔憂，阿聯酋市場監管機構對 Cardi B 推廣的 $WAP 代幣展開調查

阿拉伯聯合大公國證券和商品管理局 (SCA) 對 Solana 區塊鏈上開發的加密貨幣代幣 $WAP 發起了調查。

The Securities and Commodities Authority (SCA) of the United Arab Emirates has launched an investigation into the cryptocurrency token $WAP, which was developed on the Solana blockchain.

阿拉伯聯合大公國證券和商品管理局 (SCA) 對 Solana 區塊鏈上開發的加密貨幣代幣 $WAP 發起了調查。

The inquiry was triggered by concerns of market manipulation and potential securities violations after the token was promoted by rapper Cardi B and other influencers. A Dubai-based venture capital firm and several Emirati investors filed complaints alleging fraudulent practices related to the token’s promotion and trading.

這項調查是由於饒舌歌手 Cardi B 和其他有影響力的人推廣該代幣後對市場操縱和潛在的證券違規行為的擔憂而引發的。一家總部位於杜拜的創投公司和幾位阿聯酋投資者提出投訴，指控該代幣的推廣和交易有詐欺行為。

The $WAP token, which gained popularity as a meme coin, became the subject of the SCA's probe due to allegations of deceptive promotional tactics. These claims raised questions about the integrity of the token's market value, considering that several high-profile individuals were involved in its promotion, driving up interest among retail investors.

$WAP 代幣作為迷因幣而廣受歡迎，但因涉嫌欺騙性促銷策略而成為 SCA 調查的對象。考慮到幾位知名人士參與了該代幣的推廣，從而提高了散戶投資者的興趣，這些說法引發了人們對該代幣市場價值完整性的質疑。

Pump-and-Dump Scheme Allegations

拉高拋售計畫指控

Authorities are investigating whether $WAP was part of a “pump and dump” scheme, where the price of the token was artificially inflated through coordinated promotional efforts before being sold off by insiders at a profit. Influencers reportedly received large amounts of $WAP tokens as compensation for their promotions, encouraging their followers to invest.

當局正在調查 $WAP 是否是「拉高拋售」計畫的一部分，該計畫透過協調促銷活動人為抬高代幣價格，然後被內部人士出售以獲取利潤。據報道，有影響力的人收到了大量的 WAP 代幣作為他們促銷的補償，鼓勵他們的追隨者進行投資。

Analytics firm Bubblemaps suggested that large portions of the token's supply were held by insiders, who strategically sold their holdings to capitalize on the price surge. This type of market manipulation often leaves retail investors with significant losses as they buy into the token at artificially inflated prices.

分析公司 Bubblemaps 表示，該代幣的大部分供應由內部人士持有，他們策略性地出售所持股份，以利用價格飆升的機會。這種類型的市場操縱往往會給散戶投資者帶來重大損失，因為他們以人為抬高的價格購買代幣。

Adding to the controversy, crypto security analysts linked a wallet address shared by Cardi B during the promotion to an individual who has been previously involved in crypto scams. This discovery raised further concerns about the legitimacy of the token and its promotion, leading to closer scrutiny by authorities.

令爭議雪上加霜的是，加密安全分析師將 Cardi B 在促銷期間共享的錢包地址與先前參與加密詐騙的個人聯繫起來。這項發現進一步引發了人們對該代幣及其推廣的合法性的擔憂，導致當局進行了更嚴格的審查。

SCA Requests Information from Social Media Platforms

SCA 向社群媒體平台要求訊息

As part of the investigation, the SCA has requested information from social media platform X (formerly Twitter) regarding accounts that promoted $WAP. This request aims to determine whether any undisclosed financial interests were involved in the promotion and whether the token's marketing efforts violated securities laws.

作為調查的一部分，SCA 已要求社交媒體平台 X（以前稱為 Twitter）提供有關推廣 $WAP 的帳戶的資訊。該請求旨在確定促銷活動中是否涉及任何未公開的經濟利益，以及代幣的行銷活動是否違反了證券法。

The SCA has also sought cooperation from U.S. regulatory bodies, including the Securities and Exchange Commission (SEC), as the case may involve cross-border violations. Celebrity and influencer endorsements of cryptocurrencies have come under increasing regulatory scrutiny, especially when such promotions contribute to market manipulation.

由於該案可能涉及跨國違規行為，SCA 還尋求包括美國證券交易委員會 (SEC) 在內的美國監管機構的合作。名人和影響者對加密貨幣的認可受到越來越嚴格的監管審查，特別是當此類促銷活動導致市場操縱時。

While celebrities getting involved in promoting digital assets is not uncommon, it poses risks to retail investors, especially if these tokens are part of schemes designed to artificially inflate their value. Authorities are focusing on the extent to which influencers were aware of potential wrongdoing in this case and whether they complied with regulations that require disclosure of financial incentives.

雖然名人參與推廣數位資產並不罕見，但這給散戶投資者帶來了風險，特別是如果這些代幣是關於人為抬高其價值的計劃的一部分。當局正在關注影響者對本案中潛在不當行為的認識程度，以及他們是否遵守要求揭露經濟誘因的法規。

Potential Impact on Crypto Regulation

對加密貨幣監管的潛在影響

The investigation into $WAP highlights the evolving regulatory challenges posed by the cryptocurrency market, particularly regarding the role of influencers and celebrities. As the UAE positions itself as a crypto-friendly jurisdiction, cases like this may lead to increased scrutiny of promotional activities and stricter regulatory oversight.

對 $WAP 的調查凸顯了加密貨幣市場帶來的不斷變化的監管挑戰，特別是在影響者和名人的角色方面。由於阿聯酋將自己定位為加密貨幣友善司法管轄區，此類案件可能會導致對促銷活動的審查更加嚴格以及監管更加嚴格。

The SCA's probe is expected to contribute to discussions on how to regulate cryptocurrency endorsements by public figures. This case could mendorong the development of clearer guidelines on how tokens are marketed and traded to protect retail investors from fraudulent activities.

SCA 的調查預計將有助於討論如何監管公眾人物對加密貨幣的認可。此案可能有助於制定有關代幣行銷和交易方式的更清晰指南，以保護散戶投資者免受詐欺活動的侵害。

As the investigation continues, the outcome may result in more stringent enforcement actions against those involved in the promotion of the $WAP token. It could also serve as a warning to other influencers about the risks involved in endorsing cryptocurrencies without conducting proper due diligence or disclosing any financial interests.

隨著調查的繼續，結果可能會導致對參與推廣 $WAP 代幣的人員採取更嚴格的執法行動。它還可以向其他有影響力的人發出警告，提醒他們在沒有進行適當的盡職調查或披露任何經濟利益的情況下認可加密貨幣所涉及的風險。