LAB insiders tighten grip as ZachXBT rips into exchange-fueled token game
The post LAB insiders tighten grip as ZachXBT rips into exchange-fueled token game appeared on BitcoinEthereumNews.com. Blockchain investigator ZachXBT has accused the LAB project of orchestrating a large-scale market manipulation scheme that allegedly left retail investors exposed while insiders maintained control over more than 95% of the token supply. ZachXBT accused the LAB project and founder Vova Sadkov of concealing token distribution data and manipulating supply. The on-chain investigator claimed insiders likely control more than 95% of LAB tokens while retail investors remain unaware of the real circulation. The allegations also include changed lock-up terms, unpaid marketing fees, and suspicious exchange-related token movements worth hundreds of millions of dollars. According to reports published by ChainCatcher, the project’s fully diluted valuation surged to roughly $6 billion despite what ZachXBT described as opaque circulation data and undisclosed insider allocations. The