LAB Token (AI Terminal / Vova Sadkov)
Summary
LAB is the native token of the AI Terminal, a multi-chain trading platform founded by Vova Sadkov (Vladimir Sadkov) and a co-founder identified as Mark X. In May 2026, on-chain investigator ZachXBT published findings alleging that insiders controlled more than 95% of the circulating LAB token supply, that 226 million tokens were concentrated in Bitget deposit addresses before a 350%-plus price pump, and that the project simultaneously operated four distinct mechanisms to extract value from retail participants. The token subsequently crashed as much as 77% from its peak, wiping approximately $6.8 billion in market value.
Connected Entities
1 entities · 10 linked investigations- + 2 more
Timeline(14 events)
2024-04-01
Vova Sadkov and Mark X launch Eesee ($ESE), a gamified NFT marketplace on the Blast blockchain. Vesting terms are later changed before TGE; investors receive last-minute refunds.
ZachXBT / CryptoTimes2025-10-01
LAB token generation event (TGE) occurs. Vesting terms for investors are changed from original offer (3-month cliff + 8-month linear vesting) to 0% at TGE + 9-month cliff + 6-month linear vesting.
ZachXBT / CryptoTimes2025-10-01
Cookie DAO publicly states that 40% of $LAB creator marketing rewards are unlocked with 60% following a 6-month vesting schedule.
ZachXBT / CryptoTimes2026-03-01
LAB team-linked wallets begin depositing LAB tokens to Bitget deposit addresses. Between March and April 2026, approximately 226 million LAB are deposited across five Bitget-linked wallets holding 30-60 million each.
ZachXBT / CryptoTimes2026-04-23
Gas giver addresses connected to LAB multisig infrastructure are funded, suggesting coordinated preparation according to ZachXBT's on-chain analysis.
ZachXBT / CryptoTimes2026-05-01
LAB token surges over 350% in under 72 hours, briefly reaching approximately $3.83 before crashing approximately 65%, according to reports. FDV approaches $6 billion during the pump phase.
Bitcoin News2026-05-07
ZachXBT publicly accuses Vova Sadkov of market manipulation across Bitget, Bybit, Binance, and OKX. ZachXBT offers a $10,000 bounty for contracts, chat logs, and identity documentation related to LAB's market-making activities. ZachXBT states he had privately contacted the LAB team with no response.
Coinpedia2026-05-11
Lookonchain and ZachXBT flag the beginning of a 12-hour withdrawal window in which 100 million LAB tokens (approximately 32% of reported circulating supply, valued at approximately $480 million at peak) move out of Bitget to ten freshly created wallets.
CryptoTimes / Protos2026-05-12
ZachXBT calls Bitget part of a 'Chinese CEX cartel' and names Bitget founder Shawn Liu as the operative behind the exchange's alleged facilitation of the scheme. Bitget reportedly untags itself from the X thread without issuing a public statement.
CryptoTimes2026-05-14
ZachXBT publishes comprehensive investigation alleging more than 95% insider control of LAB token circulating supply, documenting four extraction mechanisms: OTC loans at 7.5% monthly interest, unilateral vesting term changes, unpaid marketing creator rewards, and opaque market-making arrangements.
The Block / CryptoTimes2026-05-14
Multiple Cookie DAO content creators publicly report receiving none of the remaining 60% of promised LAB marketing rewards despite the six-month vesting period having elapsed from the October 2025 TGE.
ZachXBT / CryptoTimes2026-05-19
ZachXBT posts a separate $10,000 bounty for information on market maker Heisenberg Guru (HSBG), linked to alleged centralized exchange manipulation spanning RIVER, RAVE, SIREN, and LAB tokens.
CryptoTimes2026-06-02
LAB token collapses approximately 77.5% from its peak of approximately $27.96 to approximately $6.30 within roughly one hour on MEXC, wiping an estimated $6.8 billion in reported market value. Community outrage intensifies.
BeInCrypto / CryptoTickerDecision Log
- hash: EfcamtrsPeZYUbTfhPcVXCjYiQP6Fq6F3WeuBBTF5QT9
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 6/16/2026, 5:05:45 PM
last updated: 6/16/2026, 5:05:56 PM
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