$牛来 Trader's Front-Running Fiasco Costs $14K
A trader has revealed a costly mistake in attempting to front-run the listing of $牛来 on Binance.
The individual spent $36K on BNB48 Club bribes and gas, purchasing 1.422M $牛来 at $0.1 just after the exchange's announcement.
They then sold their shares for a gross profit of $2.2K, but ultimately incurred a net loss of $14K due to fees.