Bubblemaps Calls on Launchpads to Audit Hidden Side Wallets

Bubblemaps investigated four influencers on Nov. 5, then urged crypto launchpads on Nov. 6 to audit top traders, expose linked side wallets and ban repeat offenders.

In the Friday post, Bubblemaps said leaderboards, affiliate links and token-callout rewards can help traders monetize their audiences while using separate wallets to conceal trades. The post named no launchpad and reported no platform adoption of the proposed audits or bans.

What is Bubblemaps asking launchpads to do?

Bubblemaps set out three instructions:

• Audit top traders.
• Expose their side wallets.
• Ban repeat offenders.

Under Bubblemaps’ definition, a “side wallet” is an address the firm says is connected to a trader but separate from the wallet that trader shows publicly. The concern is that a trader can maintain a public profile while keeping linked trading activity outside the address set visible to followers.

“Side wallets have become a business model,” Bubblemaps wrote. It also called on platforms to “Audit the top traders. Expose their side wallets. Ban repeat offenders.”

The mechanism Bubblemaps describes combines public incentives with separate addresses. Leaderboard rankings can direct followers toward a trader, affiliate links can monetize that audience, and token-callout rewards can create another incentive to promote tokens. The firm argues that a trader can preserve public prominence without showing every connected wallet.

What does the Nov. 5 investigation establish?

The appeal followed Bubblemaps’ Nov. 5 investigation into four influencers. The firm described the investigation’s findings as “analysis and estimates.” In its Nov. 6 appeal, Bubblemaps presented its wallet-linking claims as the basis for a platform policy, not as an announced suspension, ban or other completed enforcement action.

The firm’s claims have included allegations about wallets linked to Solstice. The Nov. 6 post did not announce enforcement against Solstice, identify a launchpad as a participant in the proposal or report that any platform had agreed to the audits or bans.

That leaves the request without a named launchpad to enforce it. The post asks platforms to adopt the audit and ban framework but provides no audit standard, implementation schedule or definition of how many violations would trigger a ban.

Who is the next figure Bubblemaps plans to expose?

Bubblemaps said it plans to expose another prominent figure. It did not name the person or provide wallet details tied to the new allegation. As a result, the announced disclosure has no identified subject, address set or timetable for verification in the post.

The omission leaves two practical questions for launchpads and traders. The first is whether any platform will test top traders’ public wallets against linked addresses and disclose what it finds. The second is whether disclosure will carry a consequence, which Bubblemaps’ proposed ban would provide but no launchpad has yet committed to enforce.

What could change the proposal’s effect?

Adoption would turn a public appeal into platform policy. Traders whose public profiles lead to connected but undisclosed addresses could face greater scrutiny, and repeat offenders could lose access under a platform’s rules. Without adoption, Bubblemaps’ Nov. 6 post creates no new audit requirement or ban.

The next market-structure test is whether a launchpad adopts the audit-and-ban framework; Bubblemaps’ promised disclosure of another figure has no deadline, and no platform has accepted the proposal.