Crypto Beast's involvement in the $ALT token collapse raises serious questions about influencer accountability and market manipulation in the crypto space.
Crypto Beast allegedly orchestrated an $11 million sell-off of the $ALT token, leading to a market cap drop from $190 million to $3 million. Investigators traced over 45 wallets linked to him, revealing a pattern of manipulative practices. This incident underscores the risks of influencer manipulation in cryptocurrency markets.