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Coinbase Acquires Solana's Vector – TNSR Pumps 200% But Insider Trading Allegations Hit Immediately

Coinbase Acquires Solana's Vector – TNSR Pumps 200% But Insider Trading Allegations Hit Immediately

The Solana ecosystem just delivered peak crypto theater, and it all went down in real time on X.

It started with a genuinely wholesome moment. Ilja Moisejevs (@ilmoi), co-founder of Tensor and Vector, posted this absolute feel-good banger:

2 guys who met on the internet
an asset class with pictures of animals
a chain that was supposed to collapse
who would have thought...
excited for new chapter! Coinbase is THE crypto company. We're going to bring onchain assets to 100s of millions of users!

The TL;DR: Coinbase is acquiring Vector (the memecoin/NFT trading platform built by the Tensor team), the deal validates everything the Solana NFT degens have been building for years, and TNSR absolutely sent it — up over 200% in hours after the news leaked.

Everyone was ready to pour one out for the Solana bulls who never sold.

Then @DefiSolar rolled up five minutes later and dropped the nuke:

btw your employee using 4HdYFUpgwoitXsbQr7TsJruMft6wWUzahaK9XDDfxbfb address, who received 750K $TNSR for his services, inside traded $TNSR 6 days ago.
thank you for your attention to this matter.

Cold. Surgical. Zero mercy.

He followed up with the receipts — the wallet dumped during the pump but ate ~$120K in slippage trying to exit the position.

Solscan screenshot showing the alleged Coinbase-linked wallet dumping 725K TNSR for only 465 SOL (~$62K) after massive slippage

So instead of turning the bag into a proper 8-10x, the guy walked away with roughly $33K → $62K.

The timeline is brutal — the wallet received 750K TNSR (presumably advisory/comp tokens), sat on them, then started aggressively trading exactly six days before the acquisition news hit. Classic front-run.

The Solana timeline did what it does best: instant memes.

Darkseid dragging Superman by the cape meme – the crypto version of getting publicly executed Asian uncle offering a cigarette meme – 'got one for you and for me'

As of right now, nobody from Coinbase or the Tensor/Vector team has responded to the allegation, and the wallet hasn't been publicly tied to a specific individual (yet). But the address is fully doxxed on-chain, so the clock is ticking.

Moral of the story? In crypto, the blockchain never forgets nothing, and Solana Twitter forgives even less.

TNSR is still sitting on massive gains from the acquisition news, but this kind of drama is exactly why normies think we're all gambling in a casino run by lizards. Still — congratulations to the Tensor/Vector team on the absolutely monstrous exit. Just maybe vet the new coworkers a little harder next time.

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