OpenSea Head of Product accused of front-running homepage drops

twitter.com

4 pointsajsharp3 comments

OpenSea has opened an internal investigation as per https://opensea.io/blog/announcements/employee-information-u...:

* OpenSea team members may not buy or sell from collections or creators while we are featuring or promoting them (e.g. on our home page); and * OpenSea team members are prohibited from using confidential information to purchase or sell any NFTs, whether available on the OpenSea platform or not.

OpenSea's comms afterwards felt a little weak / lacking. I'm curious if they are still scrambling to put something together, investigate + determine appropriate action. The community is full of mixed reactions, so perhaps waiting for consensus or things to naturally blow over.

> We want to be clear that this behavior does not represent our values as a team

It was the head of product (from the top), so it's pretty damning wrt team values.

A list of potential transactions + profits -- https://twitter.com/btcinchina/status/1438041142306623491

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