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LAB project accused of market manipulation with insiders controlling 95% of tokens, risking retail investors.

Market News
14 May 2026
Crypto news
View Source
Bearish
pluang ai news

Blockchain investigator ZachXBT has accused the LAB project and its founder Vova Sadkov of orchestrating a market manipulation scheme by concealing token distribution and allowing insiders to control over 95% of LAB tokens. Allegations include changed lock-up terms, unpaid marketing fees, and suspicious token movements worth hundreds of millions of dollars. ZachXBT urges exchanges to investigate and possibly freeze suspicious funds, warning that such concentrated ownership can lead to extreme price manipulation and coordinated sell-offs. The controversy highlights the need for greater transparency and oversight in crypto token distribution and trading.

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