Don’t tell me CEXs don’t know $LAB looks like an obvious scam. They have more data than any normal trader. They can see the wallets, the supply control, the volume, the manipulation, and everything happening behind the chart.
But they will still keep it listed as long as they are making money from fees and liquidations. Then, within the next few days, when this scam is trading below 0.5, they will suddenly say yeah we are doing an investigation why it crashed.
That is not transparency.
It is like watching a crime happen with proof in front of you, but taking no action until the damage is already done. When there are so many visible red flags and you still allow it, you are not protecting users. You are becoming part of the scam.
Raise your voice against scammers and market manipulation like $LAB and $RAVE.
I could stay quiet and make money like everyone else, but what about the millions of innocent people losing their money, peace of mind, and even their families because of these traps?
$LAB Token Alert
1 day ago, following community accusations, the $LAB team locked 1.5M tokens in wallet 0x6cd06Aaf06506bC3fF382d83023354E2B80EeD22
Today's sequence of events:
→ 714K $LAB (~$2.96M) deposited to the same lock
This is not the first time.
Responsible exchanges should investigate and seek clarification from the team.
Trader trust has limits. Stay vigilant. Protect your funds. 🔒
#CryptoAlert#crypto
→ Withdrawn minutes later — causing a sharp price spike & mass liquidations
→ The 714K tokens were then re-locked in the same wallet
→ Meanwhile, different wallets began dumping $LAB tokens simultaneously
Locking the supply with one hand, dumping with the other.
This should be ILLEGAL.
$LAB token pumped 500% in just 2 days, adding $260 million to its market cap and liquidating $26.6 million in shorts.
It then dumped 84% in just 8 hours, wiping out over $250 million and liquidating $17 million in longs.
Majority of LAB supply is controlled by the team.
Here's how this manipulation playbook works:
- Make the supply float as low as possible
- Start a pump, which will attract shorts.
- Funding will flip negative and then push some spot demand, liquidating the shorts.
- More shorts will enter, pushing funding to the max level.
- Continue to liquidate these shorts and make massive profits.
- Once retail believes the pump won't stop, start offloading supply.
- Simultaneously, short the market and make profits from both short positions and spot dumps.
- Meanwhile, retail first lost by going short and now lost by going long.
Whatever you mention, all these tokens are scams. $LAB $RAVE $SIREN $PIPPIN $COAI!
Most of them are created and manipulated by Bitget whales, and everyone already knows how Binance works too. There is no real use case for $LAB just some shitty influencers promoting it. The app barely has 100 downloads on the App Store and still sits at a 4B$ FDV. The result will be the same as always: a 99% drop
It all started from $COAI. Then $SIREN $RAVE $LAB If you look at the Bitget Wallet top holders, especially wallets around the top 35, you’ll see that just a one wallets are controlling around 20–30% of the total supply. So we all know who’s behind this manipulation.
Price manipulation now happens almost every week, with $LAB by @LABtrade_ becoming the latest pump-and-dump token while Bitget continues playing the usual CEX role.
The LAB team, @vsadkovv, appears to control a significant portion of the supply. Wallets linked to the team still hold large allocations:
0x7Cfd8d2d8626B287bEA569b5e65AB5CBb75E9265
0x78a79D0fa0Eaf58741f5Bde7E05b5CC8F33D24d3
0x36FC85Ec486C254c9564d66de8c4210a1A20C291
0xf79ff8a5052E969a6d13E18c4E439fE5202B02Fa
0xB4b74D63F30076870d54aB9E8E6a7D18293273c3
0xe03722dedBf090Ad7A1C8F82ceB86637053E21dd
On April 8, a wallet linked to the team (0xe037) deposited 40M LAB worth $13.6M to Bitget:
0x77156a0a621d2Ac7A075C0AC3172707C2e4aa191
The LAB price started pumping on May 1, but a week earlier wallets linked to the team deposited 96M LAB worth around $63M to Bitget:
0xDd77BFbDc11Cd37fD255AE35A4ac39Df1F9d570a
0x6593aa6c31C88397c37f71259625EC92Fe4EE0bF
This looks coordinated. Gas fees (0.14 BNB) were distributed a week earlier
0x50f2760fd5E6d546EE7dcEB617F33497A3C38593
0x0559694BbB47dbA8Bc3B7ac93004EF401F2da16d
The wallet below has also been aggressively buying $LAB on-chain and depositing to Gate and Bitget, including tokens like $SkyAI, which surged 1000% in the last 30 days:
0x11fc12b988933966688d33B70651B5f2f450963C
It has been weeks since @GracyBitget promised an investigation, yet there has been no public update. If platforms cannot conduct internal investigations, identify coordinated manipulation, or provide transparency on who is behind these activities, confidence in market integrity keeps declining.
ZachXBT still has a reward open for credible intel that lead to identifying the actors behind this operation.
Stay smart.
Last few hours:
$LAB
Price has been sitting around 4.00 for a while now. No more crazy moves like before. Feels like it’s preparing for a bigger move either way.
After Zach’s post, I saw more accounts digging deeper into LAB. A few posts came out about LAB founder Vova Sadkov, a Dubai-based investor.
He previously had a project called $ESE. It went from around 0.14 ATH down to 0.0007. Recently it bounced to around 0.008, probably helped by the LAB hype. Already listed on Bybit and Gateio. Around 9M mcap.
So yeah, there’s already a questionable history there, which probably tells us something about LAB too.
Despite all the speculation, there’s still no statement from the LAB team. Instead they keep acting like business is normal and continue building the mobile app.
Bitget cold wallet still holds around 261M LAB. Still tracking closely.
$SKYAI
Bitget accumulation continues here too. Another 5M added, total now around 151M.
Gateio is still the biggest holder. Small outflow a few hours ago, but they still hold around 401M.
Honestly feels like Bitget is absorbing whatever Gateio sends out.
Top 10 concentration is massive. As long as Bitget keeps accumulating, I think the manipulation continues. Still holding my 0.25 entry.
$TAG
Maybe I mention Bitget cold wallet too much, but this wallet keeps showing up everywhere.
They now hold around 42.4B TAG. No major change since last update, only around 200M added.
To explain the size: it’s around 10% of total supply. Sounds normal maybe, but not really, because around 73% of total supply sits in one inactive wallet that hasn’t moved for months, probably locked.
Still tracking cold wallet flows. If accumulation gets aggressive like SKYAI, it could continue higher.
$BILL
Around 93% held by top 10 wallets. At this point I’m not even surprised anymore. Feels like every project is built this way now.
Makes long-term investing hard to trust honestly.
No major volume change yet, but if volume comes in, this structure could be manipulated very easily. Just watching for now.
No change on $FUN either, you can check my latest post on it.
$EVAA still fully depends on TON ecosystem developments. Entry was good though, still in profit even after the pullback.
‼️Raise your voice against scammers and market manipulation like $LAB and $RAVE.
I could stay quiet and make money like everyone else, but what about the millions of innocent people losing their money, peace of mind, and even their families because of these traps?
Bitget hasn't published anything about $RAVE from a month ago
While $LAB running another market manipulation on Bitget Spot...
ZachXBT pays $10K out of pocket for founder real ID
CEXs can't protect users all they only care about fees
$LAB has likely topped since @zachxbt has shed some light on it
Vova the founder literally tweeting philosophical Slop because he is likely high on his own supply literally and figuratively after those 9-fig gains
Also totally not surprised such founder grifting from Dubai
ZACHXBT ACCUSES LAB FOUNDER OF MARKET MANIPULATION
On-chain investigator ZachXBT has accused $LAB token founder Vova Sadkov of manipulating markets through centralized exchanges while publicly posting philosophical content on X.
ZachXBT says retail investors were directly harmed. He messaged the team privately first, but they never responded.
He then went public with a $10,000 bounty, seeking contracts, chat records, and identity documents tied to founder vsadkovv, including a passport or government ID.