ZachXBT once again accuses the LAB project of market manipulation harming retail investors, with over 95% of tokens already controlled.

Mars Finance news: On May 14, on-chain investigator ZachXBT released a long post exposing the LAB project and its founder (@vsadkovv). The LAB token surged to a $6 billion FDV, but what’s behind it is highly opaque.

The team was founded by Vova Sadkov and Mark. Previously, their Eesee project left many investors dissatisfied. Current data on LAB’s circulating supply is chaotic; the official has not clearly disclosed a clear token allocation. Investors and trading platforms overlap heavily. Most importantly, insiders likely control more than 95% of the tokens, and retail investors have no idea about the real circulation.

In addition, the LAB team unilaterally changed the public sale lock-up period from 3 months to 9 months while also falling behind on marketing expenses, giving special treatment to KOLs and big whales and requiring promotional posts. The founders mixed project funds with personal accounts, with large amounts of money directly flowing into exchange recharge addresses. Insiders can dump or sell while retail investors are completely unaware.

On-chain data shows that insiders recently withdrew more than 100 million LAB tokens from trading platforms—worth hundreds of millions of dollars—and used methods similar to those used in multiple previously manipulated projects. ZachXBT calls on trading platforms to conduct a thorough investigation and delist or freeze the related funds. In addition, ZachXBT specifically states: this is not a short-selling recommendation. With such high control over supply, shorting would actually become fuel.