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🗣️ZachXBT: "The LAB team and the Bitget exchange (BGB) may be involved in a coordinated pump-and-dump scheme."

07 May, 2026byDropsTab
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  • Wallets associated with the LAB team control a significant portion of the token supply. Even before the May 1 pump (+600%) on Bitget, about 96 million LAB (~$63 million) were transferred from these addresses.
  • A separate wallet actively bought up LAB on DEXs and sent the tokens to Bitget. This same address also dealt with other hyped tokens, including SkyAI (+1000% in 30 days).
  • The actions appear coordinated, and Bitget still hasn't released any public results of its investigation into manipulations involving RAVE.
  • ZachXBT is offering $10,000 for evidence of manipulation of the LAB token.
Continue reading this article on source: x.com