ZachXBT once again accuses LAB project of market manipulation that harms the interests of retail investors, with over 95% of tokens already under control According to Golden Finance, on May 14th, blockchain detective ZachXBT released a lengthy article exposing the LAB project and its founder (@ vsadkovv). The LAB token skyrocketed to $6 billion in FDV, but the situation behind it is very opaque. The team was founded by Vova Sadkov and Mark, whose Eesee project had previously caused dissatisfaction among many investors. The current LAB circulation data is chaotic, with no clear official announcement of token allocation. There is a high degree of overlap between investors and trading platforms, and most importantly, insiders may control over over 95% of the tokens, leaving retail investors completely unaware of the actual circulation situation. In addition, the LAB team unilaterally changed the lock up period for public sales from 3 months to 9 months, and at the same time defaulted on marketing expenses, giving special treatment to KOLs and whales and requiring them to post promotional materials. The founder mixed project funds with personal accounts, and a large amount of funds were directly deposited into the trading platform recharge address. Insiders can sell without the knowledge of individual investors. On chain data shows that insiders recently proposed billions of LAB from the trading platform, worth hundreds of millions of dollars, and similar to the methods used in multiple previously manipulated projects.