Blockchain analytics firm Bubblemaps has launched a sharp attack on crypto “influencer” trading practices, alleging that prominent market commentators are using hidden wallets and coordinated token schemes to profit at the expense of their followers. The firm is urging launchpads and trading platforms to audit top traders, unmask connected wallets and ban repeat offenders — and says it will soon name a major KOL it claims has quietly extracted millions from his audience.

Why this matters
– Social trading promised transparency by letting users mirror prominent traders’ public wallets. Bubblemaps says that promise is being undermined: influencers can attract copy traders with visible wallets while secretly selling from other…