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ZachXBT Alleges LAB Insiders Moved 226 Million Tokens to Bitget

According to reports published by ChainCatcher, ZachXBT accused the LAB project of a large-scale market manipulation scheme that allegedly left retail investors exposed while insiders controlled more than 95% of token supply.

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Fact Check
The claim that ZachXBT alleged LAB insiders moved 226 million tokens to Bitget is strongly supported by ZachXBT's own published thread (x.com/zachxbt/status/2054898749923860819) and independently corroborated by The Block, Bitcoin.com News, crypto.news, and Odaily. All sources consistently report the specific figure of 226 million LAB tokens deposited to Bitget by insiders between March and April 2026. The claim accurately characterizes ZachXBT's allegations. The only caveat is that these are allegations by ZachXBT based on on-chain analysis, not yet adjudicated findings - but the claim itself (that ZachXBT made these allegations) is unambiguously true and well-documented across multiple credible outlets.
Summary

Blockchain investigator ZachXBT alleged that LAB insiders manipulated token flows, pointing to 226 million LAB deposited to Bitget and more than $12 million in RIVER tied to related addresses. In the latest report cited by ChainCatcher, he further accused the LAB project of running a large-scale market manipulation scheme that allegedly left retail investors exposed while insiders retained control of more than 95% of the token supply. ZachXBT said the borrower wallet matched the public buyback wallet, suggesting the same wallet may have been used across transactions presented as separate activities, and he called on Bitget, Binance, and Gate.io to freeze any suspected insider profits.

Terms & Concepts
  • Market manipulation: Actions intended to artificially influence a token’s price, trading activity, or perceived demand, often at the expense of other market participants.
  • Buyback wallet: A publicly identified wallet used to repurchase tokens, often intended to support market liquidity or price.
  • Token flows: The movement of digital tokens between wallets, smart contracts, and exchange addresses.