Original | Odaily Planet Daily (@OdailyChina)

Author | Azuma (@azuma_eth)

It has been one year and three months since the legendary trader GCR announced his retirement from social media, and his trading stories have gradually faded from public discussion. However, just last night, anonymous KOL ilikeblocks (@beniduboss) revealed information that once again brought GCR back into the spotlight, but this time the discussions surrounding this name are no longer about miraculous trading records, but rather some unsavory insider trading allegations.

Who is GCR? He was the most notable trader during the 2021 bull market, publicly shorting DOGE at its peak in May 2021, then shorting SHIB and other metaverse tokens at the peak of the bull market in November 2021, and publicly shorting LUNA before its collapse in 2022 (he even had a $10 million bet with LUNA founder Do Kwon). Aside from his impressive trading record, GCR often shared his trading insights publicly, frequently dropping memorable quotes, and many of his summarized experiences are still regarded by many as the "trader's bible."

After the last bull market ended, GCR gradually reduced his frequency of posts on social media.

In April 2023, GCR posted on X stating, "If you have long-term confidence in BTC and ETH, it’s better to hold rather than trade," and then disappeared for an extended period.

On April 14, 2024, a year later, GCR posted his last update on social media, encouraging everyone to hold their positions during the market crash at the time and not to give up, while also mentioning that he was "enjoying life after retiring from social media."

Since then, apart from a brief incident where his X account was hacked, GCR has gradually faded from public view… until the revelations emerged last night.

On July 6, ilikeblocks first posted on X, announcing that he would release a significant announcement the following evening local time, but at that time, the post did not attract much attention.

On the evening of July 6, ilikeblocks officially began his revelations, directly accusing "a certain account revered as a deity by the community" of bribing exchange listing teams, hacking servers to steal information, and using private channels to plagiarize their ideas… The full content is as follows.

I'm sorry, I just can't take it anymore.

If I cared about interaction data, I could easily write a long post exposing the following facts:

The account you worship as a deity derives over 90% of its profits from illegal means:

• Bribing the Binance listing team;

• Hacking AWS servers to steal undisclosed information;

• Creating private Discord channels to plagiarize others' ideas, even using these ideas to cash in on their own "predictions";

• Suddenly disappearing and then violating their promise to not make price predictions, perhaps this time it really is a "great opportunity," or maybe it's because their nine-figure long position is facing liquidation…

I know you fools will take this at face value, but why not try independent thinking next time? Consider it an experience of something new.

To be fair, they are indeed smart and play their cards well.

But every time you discuss the upright big shots who have never "cut leeks," you always bring up that account, which truly makes me nauseous.

If we're talking about cutting leeks, they qualify for the Hall of Fame.

I will likely regret posting this.

Before that, I wish you all a pleasant Sunday.

Although ilikeblocks did not initially specify which account he was referring to, it became clear from several "evidence images" he later posted that the target of his attack was indeed GCR.

As shown in the images, ilikeblocks posted several messages allegedly from GCR in a Discord channel (the authenticity remains in question), with the account claiming to have "captured all the listing information from a major exchange without missing anything," even claiming "this is like printing money."

Unsurprisingly, ilikeblocks's revelations quickly caused a stir in the community. Some believe his so-called evidence is not credible and that GCR's most famous shorting cases clearly could not have been achieved solely through insider information; however, others believe "better to believe it exists than not," otherwise why would "I not succeed, but he does."

It is worth mentioning that ilikeblocks claimed that after his revelations, he faced bot attacks from unknown sources, with his account gaining thousands of followers in seconds, and many new accounts posting obviously bot-like spam comments under his posts (mostly in Chinese).

Additionally, when faced with further inquiries from many, ilikeblocks stated: "I cannot disclose everything, or it will expose my information sources."

Since ilikeblocks refused to further disclose his information sources, and GCR, who has long since exited social media, has not responded, the truth of the matter remains elusive. Is ilikeblocks seeking attention for traffic? Or does he truly possess some unknown information? Before the situation further escalates, it seems that only the parties involved may know the answer.

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