ZachXBT Alleges Insider Control Behind LAB’s $6B Surge
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- ZachXBT alleged that LAB insiders have control over 95% of the supply as the token’s valuation approached $6 billion.
- Conflicting LAB supply data and private OTC deals raised fresh transparency concerns among traders.
- ZachXBT linked LAB wallet activity to alleged market manipulation tied to multiple speculative tokens.
Crypto investigator ZachXBT has raised concerns about the LAB Token after publishing a report on insider activity. He alleged that insiders control more than 95% of the token supply. He also cited over-the-counter transactions, token unlock structures, market maker coordination, and fund movements across centralized exchanges.
The claims came as LAB’s fully diluted valuation rose toward $6 billion. ZachXBT said retail traders mainly see rising prices while insiders manage supply distribution. He further alleged that founders Vova Sadkov and Mark …
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