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ZachXBT accuses LAB founder of market manipulation harming retail investors
BlockBeats News, May 7 — On-chain investigator ZachXBT accuses LAB project founder (@vsadkovv) of market manipulation on CEX, severely harming retail investors’ interests. ZachXBT cites on-chain evidence indicating that the founder’s associated wallet deposited a large amount of LAB tokens into trading platforms in advance, followed by a price pump, which is a typical pump-and-dump operation, with the team actually controlling a large circulating supply.
ZachXBT states that he privately contacted the founder in an attempt to communicate but was directly ignored.