LAB Token
Summary
LAB is a multi-chain AI trading terminal token that launched its TGE in October 2025 and surged over 350% to a $6 billion fully diluted valuation in early May 2026 before crashing more than 65%. On-chain investigator ZachXBT published findings alleging that insiders control approximately 95% of the token supply, that 100 million LAB tokens worth roughly $480 million were withdrawn from Bitget to 10 freshly created wallets within a 12-hour window, and that the team orchestrated a coordinated retail extraction scheme involving OTC discount deals, unilateral vesting extensions, unpaid marketing obligations, and coercive KOL agreements. No public denial or response has been issued by the project's founders.
Connected Entities
1 entities · 10 linked investigations- + 3 more
Timeline(13 events)
2024-04-11
Eesee (ESE) token launches on the Blast chain. Founders Vova Sadkov and Mark co-lead the project, which later traded down approximately 93% from its all-time high.
ICO Drops / CryptoTimes2025-10-14
LAB token TGE launches, with airdrop seasons and a deflationary model. The token lists on Bitget, KuCoin, Gate.io, and Binance Alpha.
Phemex News2025-10-01
Cookie DAO announces that 40% of LAB creator rewards are unlocked immediately, with the remaining 60% subject to a 6-month vesting schedule.
CryptoTimes investigation summary2026-04-23
On-chain gas-giver funding is coordinated to wallets later identified as connected to the LAB team and to previously identified RIVER manipulation entities.
CryptoTimes investigation summary2026-03-01
Between March and April 2026, insiders deposit 226 million LAB tokens across five Bitget addresses, where they remain dormant.
ZachXBT investigation via Bitcoin News2026-05-01
LAB token surges over 350% within approximately 72 hours, briefly reaching a fully diluted valuation above $6 billion. ZachXBT describes this move as allegedly engineered in coordination with an unknown market maker.
The Block / Bitcoin News2026-05-06
ZachXBT posts an initial accusation of 'highly questionable price action' for LAB and similar tokens, and announces a $10,000 personal bounty for evidence of manipulation by founder Vova Sadkov.
The Block2026-05-11
Approximately 100 million LAB tokens valued at roughly $480 million are withdrawn from Bitget's hot wallet to 10 freshly created addresses within a 12-hour window.
CryptoTimes / Bitcoin News2026-05-12
ZachXBT publicly accuses Bitget founder Shawn Liu of enabling the scheme, calls Bitget part of a 'Chinese CEX cartel', and calls on Binance, Bitget, and Gate.io to freeze insider funds or delist LAB.
CryptoTimes2026-05-14
ZachXBT publishes a full investigation alleging 95% insider supply control of LAB, documenting OTC loan terms, vesting changes, KOL pitch decks with 80% discount and blacklisting threats, unpaid Cookie DAO creator rewards, and on-chain links to RIVER manipulation entities.
CryptoTimes / Bitcoin News2026-05-18
ZachXBT names RAVE, RIVER, SIREN, and LAB as part of a broader pattern of 'Bitget-enabled market maker fraud', alleging a common unknown market maker is running a consistent playbook across all four tokens.
Bitcoin News2026-06-02
LAB token collapses 77% within two hours, dropping from a record high of $27.96 on MEXC to approximately $6, erasing close to $6 billion in market value.
BeInCrypto2026-06-06
PiggyBank discloses a basis trading position in locked LAB tokens that resulted in approximately 15% NAV drawdown in its USDC vault after the LAB hedge became unsustainable. ZachXBT criticizes the fund publicly.
CryptoTimesDecision Log
- hash: EUvRQsV3HEPYbmWJq5sWK3LnBp469uiLCsE9yLVTboo3
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 6/14/2026, 2:15:05 PM
last updated: 6/14/2026, 2:15:14 PM
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