One thing you learn about working in crypto is that everything is aggressively front run: from large crypto funds to small prop shops, almost every single firm is leveraging non public information in order to profit.

I find the situation somewhat distasteful, but that's just what it takes to win (or at least that's how most people think about it).

Speaking more on the subject, it's pretty crazy that this guy allowed himself to be caught. Very sloppy execution on his part.