LAB Token (LabsAI)
Summary
LAB is the native token of an AI-powered multi-chain trading terminal that launched via a Binance Wallet exclusive Token Generation Event in October 2025. In May 2026, on-chain investigator ZachXBT published two investigations alleging that insiders controlled more than 95% of the token supply, coordinated a pump to a $6 billion fully diluted valuation, and withdrew approximately 100 million LAB tokens worth $480 million through 10 freshly created wallets before the price crashed more than 65%. The alleged scheme involved a BVI-registered shell company, predatory OTC loan agreements, unilateral vesting changes, and on-chain links to a broader pattern of exchange-facilitated supply-control manipulation attributed to an unknown market maker operating primarily through Bitget.
Timeline(14 events)
2023-01-01
Eesee ($ESE), a prior project by Vova Sadkov and Mark X, founded in Dubai.
CoinCarp Eesee project overview2025-10-14
LAB token TGE launched as the 40th Binance Wallet Exclusive event, with simultaneous listings on Binance Alpha, MEXC, BingX, KuCoin, Bitget, Gate.io, and OKX Wallet.
Phemex News2025-10-01
Cookie DAO publicly states that 40% of LAB creator rewards are unlocked and 60% follow a 6-month vesting schedule.
CryptoTimes — ZachXBT investigation summary2026-01-06
Mark X allegedly solicited OTC buyers via Telegram at deeply discounted token prices.
CryptoTimes — ZachXBT investigation summary2026-03-01
Insiders allegedly begin accumulating 226 million LAB tokens across five Bitget wallet addresses, where they sit dormant through April 2026.
Bitcoin.com News2026-05-02
LAB token surges over 350% in under 72 hours, climbing from approximately $0.70 to approximately $3.30, with 24-hour trading volume reaching $147 million at peak and briefly touching a $6 billion fully diluted valuation.
Bitcoin.com News — 10 Fresh Wallets2026-05-07
ZachXBT publishes an initial public accusation against Vova Sadkov and posts a $10,000 bounty for insider evidence, flagging LAB for 'highly questionable price action.'
The Block2026-05-10
Simon Dedic, who describes himself as an angel investor in the founders' prior project Eesee, publicly warns investors to sell LAB, citing the same founders' prior abandonment of $ESE investors and alleged vesting manipulation.
Simon Dedic on X2026-05-11
Approximately 96 million LAB tokens (valued at approximately $63 million) move from team-linked wallets into Bitget ahead of the price surge peak.
Bitcoin.com News2026-05-12
100 million LAB tokens (approximately $480 million, 32.26% of reported circulating supply) withdrawn from Bitget to 10 newly created wallet addresses within a 12-hour window, as flagged by Lookonchain. Token price begins crashing.
Bitcoin.com News — 10 Fresh Wallets2026-05-12
ZachXBT publicly accuses Bitget of being part of a 'Chinese CEX cartel' and names Shawn Liu as the behind-the-scenes enabler.
CryptoTimes2026-05-14
ZachXBT publishes comprehensive investigation into LAB, alleging 95%+ insider supply control, BVI shell company, predatory 90% annualized loan terms, unilateral vesting changes, on-chain links to the RIVER token manipulation, and a broader pattern of coordinated market maker activity across RAVE, RIVER, SIREN, MYX, and SKYAI.
CryptoTimesDecision Log
- hash: 3m6DhiwQDdiHU7ubrhGkAi5q4bB7Swp3HXkotG5Qa71X
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 5/22/2026, 3:10:27 PM
last updated: 5/22/2026, 3:10:35 PM
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