Insider's Trader information is quite illegal... Your accusation of "insider information" does not apply to this law...
Well its another day of beautiful cryptoland.
guys relax im sure its not illegal in singapore thats why they are incorporated there !!!
As others have stated that is insider trading. Its akin to buying cricket pitch condition information for money bet wise.
You are receiving advanced information and can use this to make buying/selling decisions. The buyers of what you sell or sellers of what you buy don't have this edge information so you do indeed have an edge.
The fact that you try to water it down and claim its not insider trading OR the information isn't used that way doesn't change the fact that is likely can be or is. The only proof anyone has that its not used that way is "trust us".
Businesses get sued / fines for this all the time. Simple emails from one company exec to another indicating plans cross this path and people pay hefty consequences for it.
Its insider trading plain and simple and its been admitted to and shown now. The ion team are facilitating this knowing full well what it is. So how can they encourage others to get on the purple rocket ship to the moon when they have preferential treated members....? Another red flag.