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via The Block · By The Block Editorial

ZachXBT alleges 95% insider control of LAB token in investigation into AI terminal's $6 billion FDV project

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The Block Editorial
(02:34 PM UTC)
1 min read
JM
Verified byJames Mitchell
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Blockchain investigator ZachXBT published an investigation into LAB on Thursday, alleging that insiders control more than 95% of the AI trading terminal's token supply and coordinated with an unknown market maker to engineer a pump to a $6 billion fully diluted valuation.

According to the onchain sleuth's thread, the protocol’s suspicious choices left retail participants holding a position in a…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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