{"investigation":{"slug":"ravedao","entity_name":"RaveDAO","trust_score":2,"severity_base":null,"score_modifier":-10,"confidence":0.82,"status":"published","content_type":"investigation","summary":"RaveDAO is a Web3 entertainment protocol that markets itself as a community bridging electronic dance music culture with blockchain-based ticketing, governance, and event access. Its native token, RAVE, launched on Binance Alpha in December 2025 and experienced a ~10,800% price surge in April 2026 before collapsing approximately 95% within 48 hours amid substantial on-chain evidence of insider supply control and an alleged coordinated 'bait and liquidate' short-squeeze scheme. Binance, Bitget, and Gate.io opened formal investigations; on-chain investigator ZachXBT publicly accused the project's affiliated insiders of engineering the rally and named RAVE as part of a broader pattern of Bitget-enabled market-maker fraud.","sections":[{"content":"RaveDAO originated as a 200-person afterparty held during a crypto conference in Istanbul in November 2023, subsequently expanding to events in Dubai, Singapore, Amsterdam, and Hong Kong. The project positions itself as a 'Web3 music protocol' that combines on-chain ticketing, DAO governance, and staking mechanisms linked to real-world rave revenues. RaveDAO claimed over 100,000 cumulative event attendees and reported $3 million in revenue in 2025. Its founders, Yemu Xu (known online as @wildwoodmoo) and Felix Xu, previously co-founded ARPA Network, a privacy-focused computation protocol, and Bella Protocol, a DeFi aggregator; both appeared on Forbes' 30 Under 30 Asia list. The Xu co-founders also co-founded Penrose Tech and Felix Xu raised ZX Squared Capital, a quantitative crypto trading fund, in 2021. The RAVE token serves as the project's utility and governance asset, with use cases including event ticket purchases, VIP access, NFT-based proof-of-attendance records, and community voting on charitable fund allocation. Twenty percent of event proceeds are designated for community-chosen philanthropic organizations.","heading":"Project Overview and Background","sources":[{"url":"https://changenow.io/blog/rave-crypto-explained","name":"RaveDAO Overview 2026 — ChangeNow","type":"news_article","credibility":2},{"url":"https://phemex.com/blogs/ravedao-on-chain-data-analysis","name":"Who Is Behind RaveDAO? On-Chain Data Reveals Where $6B Went — Phemex","type":"research","credibility":2},{"url":"https://www.coindesk.com/markets/2026/04/13/this-little-known-token-just-posted-a-6-000-rally-and-traders-are-trying-to-figure-out-why","name":"RAVE has soared from $0.25 to $14 in just the past week — CoinDesk","type":"news_article","credibility":1}],"severity":"low"},{"content":"RAVE launched on Binance Alpha on approximately December 12, 2025, with simultaneous listings on Binance, Bitget, MEXC, Gate.io, Kraken, WEEX, and Aster DEX. Within 24 hours of launch, trading volume surpassed $260 million and the token traded near $0.58. The total supply is fixed at 1,000,000,000 RAVE. At the time of the April 2026 events, the circulating supply was approximately 230–252 million tokens (roughly 24–25% of total supply). Blockchain analytics identified that approximately 89–95% of the total supply was concentrated in three Gnosis Safe multi-signature wallets widely attributed to the project team: one wallet held approximately 75.2% of total supply (approximately 752 million tokens), a second held approximately 9.87% (~98.7 million tokens), and a third held approximately 4.67% (~46.7 million tokens). The top 10 wallets collectively controlled over 98% of the entire supply. Arkham Intelligence data cited in multiple reports confirmed this concentration. This structure meant the freely tradeable float was extremely thin relative to derivatives open interest, a condition that materially contributed to the subsequent price event.","heading":"Token Launch and Supply Structure","sources":[{"url":"https://phemex.com/blogs/ravedao-on-chain-data-analysis","name":"Who Is Behind RaveDAO? On-Chain Data Reveals Where $6B Went — Phemex","type":"research","credibility":2},{"url":"https://www.coindesk.com/business/2026/04/18/binance-and-biget-to-probe-rave-s-4-500-token-surge-as-claims-of-insider-orchestrated-rally-grow","name":"Binance and Bitget to probe RAVE's 4,500% token surge — CoinDesk","type":"news_article","credibility":1},{"url":"https://www.coingecko.com/en/coins/ravedao","name":"RaveDAO RAVE token — CoinGecko","type":"other","credibility":2}],"severity":"high"},{"content":"The central allegation against RaveDAO is that affiliated insiders engineered a coordinated 'bait and liquidate' short squeeze between approximately April 9 and April 18, 2026. According to on-chain analysis published by multiple outlets, the alleged sequence operated as follows. First, approximately 18.58 million RAVE tokens were transferred from wallets linked to the initial token distribution to Bitget deposit addresses around April 9, 2026. This large visible exchange deposit created the appearance of imminent sell pressure, which analysts allege was intended to draw traders into short positions. Over 70% of derivatives traders were reportedly positioned short at various points. Second, approximately $32 million worth of RAVE was subsequently withdrawn back on-chain over the following two days while spot prices were simultaneously pushed upward. The removal of the apparent sell-side supply triggered a cascading liquidation of short positions, with each forced buy-back further accelerating the price rise — a self-reinforcing loop. The token surged from approximately $0.25–$0.32 to an all-time high of approximately $27.33–$27.94 over nine to eleven days, representing a gain of approximately 10,800%. During this period, open interest in RAVE futures exceeded $200 million and approximately $43–$44 million in RAVE futures positions were liquidated, with short liquidations comprising approximately $17–$21.72 million. RAVE briefly ranked alongside Bitcoin and Ethereum in the top three assets by daily futures liquidation volume. After the peak, a transfer of approximately $23 million worth of RAVE tokens from an address associated with the initial distribution to two Bitget deposit addresses was identified, which ZachXBT alleged caused a subsequent 40% price drop from approximately $1 to $0.60 as the position was unwound. The alleged scheme is described as a textbook 'pump-and-dump' facilitated by extreme supply concentration: the same cluster of wallets that could manufacture apparent selling pressure could, by withdrawing tokens, simultaneously remove that pressure and ignite forced short covering.","heading":"Alleged 'Bait and Liquidate' Short Squeeze","sources":[{"url":"https://www.coindesk.com/business/2026/04/18/binance-and-biget-to-probe-rave-s-4-500-token-surge-as-claims-of-insider-orchestrated-rally-grow","name":"Binance and Bitget to probe RAVE's 4,500% token surge as claims of insider-orchestrated rally grow — CoinDesk","type":"news_article","credibility":1},{"url":"https://www.coindesk.com/business/2026/04/20/blockchain-sleuth-accuses-ravedao-of-knowing-who-manipulated-the-price-of-its-token","name":"RaveDAO accused by ZachXBT of ties to 'suspicious' crypto exchange activity — CoinDesk","type":"news_article","credibility":1},{"url":"https://phemex.com/blogs/ravedao-on-chain-data-analysis","name":"Who Is Behind RaveDAO? On-Chain Data Reveals Where $6B Went — Phemex","type":"research","credibility":2},{"url":"https://www.coindesk.com/markets/2026/04/14/rave-ranks-alongside-bitcoin-and-ether-in-the-top-three-just-not-in-the-way-you-think","name":"Rave futures see $43 million in liquidations — CoinDesk","type":"news_article","credibility":1},{"url":"https://www.kucoin.com/blog/rave-token-liquidation-short-squeeze-breakdown","name":"RAVE Liquidations Hit $30M+ Trailing Only BTC and ETH — KuCoin Blog","type":"news_article","credibility":2},{"url":"https://www.ainvest.com/news/ravedao-rave-token-surge-driven-alleged-short-squeeze-liquidity-mechanics-2604/","name":"RaveDAO RAVE Token Surge Driven by Alleged Short Squeeze and Liquidity Mechanics — AInvest","type":"news_article","credibility":2}],"severity":"critical"},{"content":"On-chain investigator ZachXBT published a detailed investigation into RAVE's alleged manipulation on or around April 18, 2026, and followed up on April 20, 2026. ZachXBT stated that 'given the supply concentration, the team at minimum knows who is responsible' and that the price movement was 'highly unlikely to have occurred organically' given the token's 'little to no utility.' He offered a $10,000 bounty for whistleblower evidence; community members subsequently raised the bounty to approximately $25,000. ZachXBT later identified RAVE as one of multiple tokens victimized by what he described as a coordinated scheme enabled by Bitget. In a subsequent investigation, he named RAVE, RIVER, SIREN, and LAB as examples of projects subjected to 'supply control manipulation schemes' by 'sketchy active market makers' operating through Bitget. He identified Bitget founder and chairman Shawn Liu as the alleged 'key enabler' of these schemes, characterizing the network as a 'Chinese CEX cartel' with Bitget as the primary venue and Binance and Gate.io as secondary channels. ZachXBT assessed that an unknown market maker coordinated the playbook deployed across RIVER, RAVE, SIREN, MYX, and SKYAI. Separately, ZachXBT noted that co-founder Yemu Xu had been inactive on social media since February 2026 and did not respond to direct outreach. No definitive public identification of the specific market maker operating on RAVE has been made as of the time of this report.","heading":"ZachXBT Investigation and Broader Pattern","sources":[{"url":"https://www.coindesk.com/business/2026/04/20/blockchain-sleuth-accuses-ravedao-of-knowing-who-manipulated-the-price-of-its-token","name":"RaveDAO accused by ZachXBT of ties to 'suspicious' crypto exchange activity — CoinDesk","type":"news_article","credibility":1},{"url":"https://news.bitcoin.com/zachxbt-bitget-supply-control-manipulation-rave-river-siren-lab-2026/","name":"ZachXBT Names RAVE, RIVER, SIREN, and LAB as Victims of Bitget-Enabled Market Maker Fraud — Bitcoin.com News","type":"news_article","credibility":2},{"url":"https://beincrypto.com/zachxbt-bounty-hong-kong-market-manipulation/","name":"ZachXBT Puts $10K Bounty on RIVER and RAVE Token Manipulation — BeInCrypto","type":"news_article","credibility":2},{"url":"https://coinjournal.net/news/ravedao-token-crashes-below-1-after-zachxbt-exposes-price-manipulation/","name":"RaveDAO token crashes below $1 after ZachXBT exposes price manipulation — CoinJournal","type":"news_article","credibility":2}],"severity":"critical"},{"content":"Following ZachXBT's public disclosures, three major cryptocurrency exchanges announced formal investigations. Binance CEO Richard Teng stated publicly that the platform was examining 'signs of market misconduct' related to RAVE trading activity. Bitget CEO Gracy Chen said the exchange had 'started investigating' the matter. Gate.io also initiated a review. ZachXBT publicly criticized all three exchanges for being 'too slow to react' to the RAVE collapse and questioned why the platforms had not identified suspicious activity internally prior to the public disclosure. The investigations were ongoing as of the time of the token's collapse and no public conclusions from any exchange have been formally announced as of June 2026. No formal regulatory action by the SEC, CFTC, or equivalent international body had been publicly announced against RaveDAO specifically as of the research date.","heading":"Exchange Investigations","sources":[{"url":"https://www.coindesk.com/business/2026/04/18/binance-and-biget-to-probe-rave-s-4-500-token-surge-as-claims-of-insider-orchestrated-rally-grow","name":"Binance and Bitget to probe RAVE's 4,500% token surge — CoinDesk","type":"news_article","credibility":1},{"url":"https://www.theblock.co/post/397991/ravedao-team-denies-role-in-rave-token-pump-as-binance-bitget-open-investigations","name":"RaveDAO team denies role in RAVE token pump as Binance, Bitget open investigations — The Block","type":"news_article","credibility":1},{"url":"https://www.dlnews.com/articles/markets/binance-and-bitget-under-fire-after-ravedao-crash/","name":"Binance and Bitget to investigate Rave token market manipulation claims — DL News","type":"news_article","credibility":2},{"url":"https://www.cryptotimes.io/2026/04/18/binance-and-bitget-announce-to-investigate-ravedao-token-trading/","name":"Binance and Bitget Announce To Investigate RaveDAO Token Trading — CryptoTimes","type":"news_article","credibility":2},{"url":"https://protos.com/crypto-exchanges-too-slow-to-react-to-rave-collapse-zachxbt/","name":"Crypto exchanges too slow to react to RAVE collapse, ZachXBT — Protos","type":"news_article","credibility":2}],"severity":"high"},{"content":"RaveDAO issued a six-part thread on X (formerly Twitter) on approximately April 19, 2026, stating: 'We are aware of the rumors and accusations circulating regarding $RAVE and the RaveDAO team. We want to be clear: RaveDAO team is not engaged in, nor responsible for, recent price action.' The project denied any involvement or wrongdoing and stated that the team had not participated in market manipulation and had not influenced price fluctuations. RaveDAO also acknowledged its intention to sell some unlocked tokens to fund operations and marketing, and proposed exploring 'price-triggered or performance-triggered token locks' to better align team incentives with ecosystem growth. Observers and ZachXBT noted that the public statement did not address the specific on-chain allegations — namely, the concentration of approximately 90% of the 1 billion RAVE supply across three Gnosis Safe multi-sig wallets attributed to the team, the pre-pump transfers to Bitget, or the subsequent withdrawals that coincided with the squeeze. No named team member publicly addressed those specific findings.","heading":"RaveDAO's Official Response","sources":[{"url":"https://www.theblock.co/post/397991/ravedao-team-denies-role-in-rave-token-pump-as-binance-bitget-open-investigations","name":"RaveDAO team denies role in RAVE token pump as Binance, Bitget open investigations — The Block","type":"news_article","credibility":1},{"url":"https://cointelegraph.com/news/ravedao-denies-manipulation-binance-bitget-probe-rave-trading","name":"RaveDAO denies manipulation as Binance, Bitget probe RAVE trading activity — CoinTelegraph","type":"news_article","credibility":1},{"url":"https://www.bitget.com/news/detail/12560605373239","name":"RaveDAO responds to market concerns — Bitget News","type":"official","credibility":2}],"severity":"medium"},{"content":"RAVE's price peaked at approximately $27.33–$27.94, briefly propelling the token's fully diluted valuation to approximately $6–$6.3 billion and its market capitalization to approximately $6 billion. The collapse began following ZachXBT's public disclosures and exchange investigation announcements on April 18–19, 2026. Within approximately 48 hours, the token lost approximately 90–95% of its peak value, erasing roughly $5.7–$6.3 billion in market capitalization. At approximately $0.67, the token had fallen below $1. As of approximately early June 2026, RAVE is trading at approximately $0.39–$0.82 (sources vary due to market volatility), representing a decline of approximately 97–99% from its all-time high. CoinGecko lists the all-time high as $27.94 on April 18, 2026, and the all-time low as $0.1428 on December 12, 2025. The circulating supply stands at approximately 230–252 million RAVE against a total supply of 1 billion. CoinMarketCap places the current market capitalization at approximately $97–$115 million with a fully diluted valuation of approximately $459 million, reflecting that the majority of supply remains locked and unlisted.","heading":"Token Collapse and Current Market Status","sources":[{"url":"https://www.coindesk.com/markets/2026/04/19/ravedao-s-rave-token-collapses-90-in-a-day-as-exchange-probes-widen","name":"RaveDAO's RAVE token collapses 90% in a day as exchange probes widen — CoinDesk","type":"news_article","credibility":1},{"url":"https://finance.yahoo.com/markets/crypto/articles/ravedao-rave-rise-fall-10-081629155.html","name":"RaveDAO (RAVE) Rise and Fall: 10,000% Gains, Insider Control, and a Sudden Crash — Yahoo Finance","type":"news_article","credibility":2},{"url":"https://cryptopotato.com/from-26-to-under-1-raves-historic-crash-draws-investigation-calls/","name":"From $26 to Under $1: RAVE's Historic Crash Draws Investigation Calls — CryptoPotato","type":"news_article","credibility":2},{"url":"https://www.coingecko.com/en/coins/ravedao","name":"RaveDAO Price — CoinGecko","type":"other","credibility":2},{"url":"https://coinmarketcap.com/currencies/ravedao/","name":"RaveDAO price today — CoinMarketCap","type":"other","credibility":2}],"severity":"high"},{"content":"ZachXBT identified RAVE as one of several tokens allegedly subjected to the same coordinated playbook by an unidentified market maker operating primarily through Bitget. The other tokens named include RIVER, SIREN, LAB, MYX, COAI, and SKYAI. In the LAB investigation, ZachXBT documented that approximately 96 million LAB tokens (worth roughly $63 million at the time) were transferred into Bitget ahead of the price rise, and ten newly created wallets subsequently withdrew approximately 100 million LAB tokens — about 32% of circulating supply — from Bitget's hot wallet within a 12-hour window. ZachXBT characterized these as constituting a single repeatable scheme operated by an unknown Chinese-linked market maker with Bitget as the preferred venue and Binance and Gate.io as secondary channels. He named Bitget chairman Shawn Liu as the alleged behind-the-scenes enabler, characterizing the arrangement as a 'Chinese CEX cartel.' These claims about Shawn Liu and the broader cartel characterization are sourced from ZachXBT's public on-chain investigations and have not been independently verified by regulators or courts as of this report.","heading":"Broader Manipulation Pattern — Bitget-Linked Tokens","sources":[{"url":"https://news.bitcoin.com/zachxbt-bitget-supply-control-manipulation-rave-river-siren-lab-2026/","name":"ZachXBT Names RAVE, RIVER, SIREN, and LAB as Victims of Bitget-Enabled Market Maker Fraud — Bitcoin.com News","type":"news_article","credibility":2},{"url":"https://www.theblock.co/post/401290/zachxbt-alleges-95-insider-control-of-lab-token-in-investigation-into-ai-terminals-6-billion-fdv-project","name":"ZachXBT alleges 95% insider control of LAB token — The Block","type":"news_article","credibility":1},{"url":"https://www.gncrypto.news/news/zachxbt-accuses-bitget-token-supply-manipulation/","name":"ZachXBT Accuses Bitget of Token Supply Manipulation — GNCrypto News","type":"news_article","credibility":2},{"url":"https://news.bitcoin.com/fresh-manipulation-warnings-hit-other-crypto-projects-after-raves-95-collapse/","name":"Fresh Manipulation Warnings Hit Other Crypto Projects After RAVE's 95% Collapse — Bitcoin.com News","type":"news_article","credibility":2}],"severity":"high"}],"timeline":[{"date":"2023-11","event":"RaveDAO originates as a 200-person afterparty during a crypto conference in Istanbul.","source":"ChangeNow Blog / Phemex","source_url":"https://changenow.io/blog/rave-crypto-explained","date_original":"2023-11-01"},{"date":"2025-12-12","event":"RAVE token launches on Binance Alpha and simultaneous listings on Binance, Bitget, MEXC, Gate.io, Kraken, WEEX, and Aster DEX. Opening price approximately $0.14–$0.58; trading volume exceeds $260 million within 24 hours. All-time low recorded at approximately $0.1428.","source":"CoinGecko / Phemex / Hokanews","source_url":"https://www.hokanews.com/2025/12/binance-alpha-boost-ravedao-price.html"},{"date":"2026-04-09","event":"Approximately 18.58 million RAVE tokens transferred from wallets linked to the initial token distribution to Bitget deposit addresses. RAVE is trading below $0.50.","source":"Phemex / CoinDesk","source_url":"https://phemex.com/blogs/ravedao-on-chain-data-analysis"},{"date":"2026-04-10","event":"Spot price begins to accelerate upward; approximately $32 million in RAVE is withdrawn back on-chain over the following two days, removing apparent sell-side liquidity and triggering cascading short liquidations.","source":"Phemex / AInvest","source_url":"https://www.ainvest.com/news/ravedao-rave-token-surge-driven-alleged-short-squeeze-liquidity-mechanics-2604/"},{"date":"2026-04-13","event":"RAVE has surged from approximately $0.25 to above $14 in roughly one week — a gain of more than 5,600%. CoinDesk publishes first major coverage of the rally. Open interest in RAVE futures exceeds $200 million.","source":"CoinDesk","source_url":"https://www.coindesk.com/markets/2026/04/13/this-little-known-token-just-posted-a-6-000-rally-and-traders-are-trying-to-figure-out-why"},{"date":"2026-04-14","event":"RAVE futures liquidations reach approximately $43–$44 million in a single 24-hour period, placing RAVE third behind only Bitcoin and Ethereum in daily liquidation volume. Short liquidations comprise approximately $17–$21.72 million.","source":"CoinDesk / KuCoin Blog","source_url":"https://www.coindesk.com/markets/2026/04/14/rave-ranks-alongside-bitcoin-and-ether-in-the-top-three-just-not-in-the-way-you-think"},{"date":"2026-04-18","event":"RAVE reaches its all-time high of approximately $27.33–$27.94, briefly producing a fully diluted valuation exceeding $6 billion. ZachXBT publishes investigation alleging insider-controlled supply manipulation and a 'bait and liquidate' scheme. RAVE begins a sharp reversal. Binance CEO Richard Teng and Bitget CEO Gracy Chen both publicly announce investigations. Gate.io also opens a review.","source":"CoinDesk / CoinTelegraph / The Block","source_url":"https://www.coindesk.com/business/2026/04/18/binance-and-biget-to-probe-rave-s-4-500-token-surge-as-claims-of-insider-orchestrated-rally-grow"},{"date":"2026-04-19","event":"RAVE collapses approximately 90% in a single day, erasing roughly $5.7 billion in market capitalization. Price falls to approximately $1.36. RaveDAO issues a six-part denial thread on X stating the team is 'not engaged in, nor responsible for, recent price action.'","source":"CoinDesk / CoinTelegraph","source_url":"https://www.coindesk.com/markets/2026/04/19/ravedao-s-rave-token-collapses-90-in-a-day-as-exchange-probes-widen"},{"date":"2026-04-20","event":"ZachXBT follows up, stating that an address used for RAVE's 'initial distribution' transferred approximately $23 million worth of RAVE to two Bitget deposit addresses, causing a 40% additional price drop from approximately $1 to $0.60. ZachXBT states the team 'at minimum knows who is responsible' and posts a $10,000 bounty for whistleblower evidence.","source":"CoinDesk","source_url":"https://www.coindesk.com/business/2026/04/20/blockchain-sleuth-accuses-ravedao-of-knowing-who-manipulated-the-price-of-its-token"},{"date":"2026-04-21","event":"RAVE has fallen approximately 95% from its all-time high. Community bounty raised to approximately $25,000 for proof of manipulation. ZachXBT criticizes Binance, Bitget, and Gate.io for being 'too slow to react.'","source":"Protos / Disruption Banking / CryptoPotato","source_url":"https://protos.com/crypto-exchanges-too-slow-to-react-to-rave-collapse-zachxbt/"},{"date":"2026-05","event":"ZachXBT names RAVE alongside RIVER, SIREN, and LAB as victims of Bitget-enabled market maker fraud, describing a coordinated playbook deployed across multiple tokens by an unknown market maker. He names Bitget chairman Shawn Liu as alleged behind-the-scenes enabler and characterizes the network as a 'Chinese CEX cartel.'","source":"Bitcoin.com News / The Block","source_url":"https://news.bitcoin.com/zachxbt-bitget-supply-control-manipulation-rave-river-siren-lab-2026/","date_original":"2026-05-01"},{"date":"2026-06-04","event":"RAVE trades at approximately $0.39–$0.82 (sources vary), representing a decline of approximately 97–99% from its all-time high. Market capitalization approximately $97–$115 million. No formal regulatory enforcement action against RaveDAO or its founders has been publicly announced.","source":"CoinGecko / CoinMarketCap","source_url":"https://www.coingecko.com/en/coins/ravedao"}],"sources_used":[{"url":"https://www.coindesk.com/markets/2026/04/13/this-little-known-token-just-posted-a-6-000-rally-and-traders-are-trying-to-figure-out-why","name":"RAVE has soared from $0.25 to $14 in just the past week — CoinDesk","type":"news_article","archive_url":"http://web.archive.org/web/20260414055838/https://www.coindesk.com/markets/2026/04/13/this-little-known-token-just-posted-a-6-000-rally-and-traders-are-trying-to-figure-out-why","credibility":1,"archive_timestamp":"2026-04-14T05:58:38+00:00"},{"url":"https://www.coindesk.com/business/2026/04/18/binance-and-biget-to-probe-rave-s-4-500-token-surge-as-claims-of-insider-orchestrated-rally-grow","name":"Binance and Bitget to probe RAVE's 4,500% token surge — CoinDesk","type":"news_article","archive_url":"http://web.archive.org/web/20260421051646/https://www.coindesk.com/business/2026/04/18/binance-and-biget-to-probe-rave-s-4-500-token-surge-as-claims-of-insider-orchestrated-rally-grow","credibility":1,"archive_timestamp":"2026-04-21T05:16:46+00:00"},{"url":"https://www.coindesk.com/markets/2026/04/19/ravedao-s-rave-token-collapses-90-in-a-day-as-exchange-probes-widen","name":"RaveDAO's RAVE token collapses 90% in a day as exchange probes widen — CoinDesk","type":"news_article","archive_url":"http://web.archive.org/web/20260617092113/https://www.coindesk.com/markets/2026/04/19/ravedao-s-rave-token-collapses-90-in-a-day-as-exchange-probes-widen","credibility":1,"archive_timestamp":"2026-06-17T09:21:13+00:00"},{"url":"https://www.coindesk.com/business/2026/04/20/blockchain-sleuth-accuses-ravedao-of-knowing-who-manipulated-the-price-of-its-token","name":"RaveDAO accused by ZachXBT of ties to 'suspicious' crypto exchange activity — CoinDesk","type":"news_article","archive_url":"http://web.archive.org/web/20260618023308/https://www.coindesk.com/business/2026/04/20/blockchain-sleuth-accuses-ravedao-of-knowing-who-manipulated-the-price-of-its-token","credibility":1,"archive_timestamp":"2026-06-18T02:33:08+00:00"},{"url":"https://www.coindesk.com/markets/2026/04/14/rave-ranks-alongside-bitcoin-and-ether-in-the-top-three-just-not-in-the-way-you-think","name":"Rave futures see $43 million in liquidations — CoinDesk","type":"news_article","archive_url":"http://web.archive.org/web/20260415024402/https://www.coindesk.com/markets/2026/04/14/rave-ranks-alongside-bitcoin-and-ether-in-the-top-three-just-not-in-the-way-you-think","credibility":1,"archive_timestamp":"2026-04-15T02:44:02+00:00"},{"url":"https://www.theblock.co/post/397991/ravedao-team-denies-role-in-rave-token-pump-as-binance-bitget-open-investigations","name":"RaveDAO team denies role in RAVE token pump as Binance, Bitget open investigations — The Block","type":"news_article","archive_url":"http://web.archive.org/web/20260419050539/https://www.theblock.co/post/397991/ravedao-team-denies-role-in-rave-token-pump-as-binance-bitget-open-investigations","credibility":1,"archive_timestamp":"2026-04-19T05:05:39+00:00"},{"url":"https://www.theblock.co/post/401290/zachxbt-alleges-95-insider-control-of-lab-token-in-investigation-into-ai-terminals-6-billion-fdv-project","name":"ZachXBT alleges 95% insider control of LAB token — The Block","type":"news_article","archive_url":"http://web.archive.org/web/20260528032642/https://www.theblock.co/post/401290/zachxbt-alleges-95-insider-control-of-lab-token-in-investigation-into-ai-terminals-6-billion-fdv-project","credibility":1,"archive_timestamp":"2026-05-28T03:26:42+00:00"},{"url":"https://cointelegraph.com/news/ravedao-denies-manipulation-binance-bitget-probe-rave-trading","name":"RaveDAO denies manipulation as Binance, Bitget probe RAVE trading activity — CoinTelegraph","type":"news_article","archive_url":"http://web.archive.org/web/20260712184822/https://cointelegraph.com/news/ravedao-denies-manipulation-binance-bitget-probe-rave-trading","credibility":1,"archive_timestamp":"2026-07-12T18:48:22+00:00"},{"url":"https://phemex.com/blogs/ravedao-on-chain-data-analysis","name":"Who Is Behind RaveDAO? 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