ZachXBT alleges 95% insider control of LAB token in investigation into AI terminal’s $6 billion FDV project

The Block3h agoUpdated 2h ago
ZachXBT alleges 95% insider control of LAB token in investigation into AI terminal’s $6 billion FDV project
Smart Read

ZachXBT alleges LAB insiders control 95% of supply, citing hidden OTC deals, private loans, and a market maker tied to manipulation schemes....

Key takeaways

  • 1ZachXBT claims LAB token insiders control 95% of total supply through undisclosed mechanisms.
  • 2Investigation reveals hidden OTC deals, private loans, and market maker involvement in potential manipulation.
  • 3LAB project maintains $6 billion FDV despite allegations of centralized control and insider dominance.

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Why it matters

This exposes potential fraud in a major AI terminal project, highlighting risks for retail investors in high-FDV tokens with concentrated ownership. Indian crypto investors must scrutinize token distribution and insider control before investing in large-cap projects.

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