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{"actor":"system:backfill","investigation_id":"37c5cb5f-accd-4f9b-a637-305e7e82a13e","kind":"publish","page_slug":"lab-token-vova-sadkov","published_at":"2026-06-14T17:22:17.023Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"LAB Token (Vova Sadkov)","sections":[{"content":"LAB is a multi-chain AI-powered trading terminal that aggregates spot, limit, and perpetual futures trading across Solana, Ethereum, BNB Chain, and TON through a single interface. The platform charges a flat 0.5% trading fee and incorporates a token-reward model under which users earn LAB tokens through trading activity and referrals. The project was founded by Vova Sadkov (publicly identified by ZachXBT as Vladimir Sadkov, social handle @vsadkovv), a UAE-based developer with approximately 133,400 followers on X as of May 2026, and a co-founder identified publicly as Mark X (@tokensaler), a Dubai-based 'Listing and Marketing Advisor.' The token generation event (TGE) took place on October 14, 2025. Total supply is 1 billion LAB tokens; reported circulating supply figures varied materially between CoinGecko, CoinMarketCap, and RootData, with ZachXBT noting no official token distribution documentation was publicly available at the time of his investigation.","heading":"Project Background","severity":"medium","sources":[{"credibility":2,"name":"What Is LAB and Why This Multi-Chain Trading Terminal Token Just Surged 364% in a Single Day — Phemex","type":"news_article","url":"https://phemex.com/academy/what-is-lab-token-and-why-it-surged"},{"credibility":2,"name":"ZachXBT Alleges 95% LAB Token Are Controlled by Insiders — Crypto Times","type":"news_article","url":"https://www.cryptotimes.io/2026/05/14/zachxbt-alleges-95-lab-token-are-controlled-by-insiders/"},{"credibility":2,"name":"LAB ICO Drops — Fundraising and Token Sale Details","type":"research","url":"https://icodrops.com/lab/"}]},{"content":"Both Vova Sadkov and Mark X previously co-founded Eesee ($ESE), a gamified NFT marketplace launched in April 2024 on the Blast blockchain chain. ZachXBT's investigation notes that Eesee was effectively abandoned before LAB launched, with the ESE token trading approximately 93.2% below its all-time high as of May 2026. Investor Simon Dedic publicly warned that 'the same founders launched $ESE just one year earlier... vesting terms were changed right before TGE.' On-chain analysis by ZachXBT connected Vova Sadkov's personal exchange accounts — identified via TRM Labs flow diagrams — to wallets that previously received Eesee-related deposits, with ENS name vovaxx.eth and OpenSea username 'vovaxx' linked to Mutant Ape Yacht Club NFT transactions alongside eesee.eth. The recurrence of alleged vesting manipulation across two consecutive projects from the same founders is a stated basis for ZachXBT's characterization of LAB as part of a systematic pattern.","heading":"Founders and Prior Project History","severity":"high","sources":[{"credibility":2,"name":"ZachXBT Alleges 95% LAB Token Are Controlled by Insiders — Crypto Times","type":"news_article","url":"https://www.cryptotimes.io/2026/05/14/zachxbt-alleges-95-lab-token-are-controlled-by-insiders/"},{"credibility":2,"name":"LAB Insiders Tighten Grip as ZachXBT Rips Into Exchange-Fueled Token Game — Crypto.news","type":"news_article","url":"https://crypto.news/lab-insiders-tighten-grip-as-zachxbt-rips-into-exchange-fueled-token-game/"}]},{"content":"LAB completed three fundraising rounds totaling approximately $4.65 million prior to its TGE. A seed round on February 24, 2025 raised $2.3 million; a community round on Legion on September 22, 2025 raised $1.5 million in approximately 10 minutes; and a third funding round on October 9, 2025 raised $850,000. Disclosed institutional backers include Amber Group, Selini Capital, Re7 Capital, Cypher Capital, Lemniscap, OKX Ventures, Animoca Brands, Mirana Ventures, GSR Markets, and KuCoin Ventures. Angel investors identified include DCF GOD, 0xSun, and Cooker (Kms.eth). None of these backers issued public statements addressing ZachXBT's manipulation allegations as of the time of reporting.","heading":"Funding and Institutional Backers","severity":"medium","sources":[{"credibility":2,"name":"LAB ICO Drops — Fundraising and Token Sale Details","type":"research","url":"https://icodrops.com/lab/"},{"credibility":2,"name":"What Is LAB and Why This Multi-Chain Trading Terminal Token Just Surged 364% in a Single Day — Phemex","type":"news_article","url":"https://phemex.com/academy/what-is-lab-token-and-why-it-surged"},{"credibility":1,"name":"ZachXBT alleges 95% insider control of LAB token — The Block","type":"news_article","url":"https://www.theblock.co/post/401290/zachxbt-alleges-95-insider-control-of-lab-token-in-investigation-into-ai-terminals-6-billion-fdv-project"}]},{"content":"ZachXBT published an investigation on approximately May 14, 2026 alleging that insiders controlled over 95% of the LAB token's circulating supply. The investigation identified four simultaneous alleged retail-extraction mechanisms. First, a private loan agreement was documented under the entity 'The Lab Management Ltd.' — a BVI Business Company registered at Quijano Chambers, P.O. Box 3159, Road Town, Tortola, British Virgin Islands — with director Vladimir Sadkov listed as signatory. The loan terms specified 7.5% monthly interest (approximately 90% annualized) over six months, with a default provision allowing repayment in LAB tokens at market price. The repayment wallet was identified as 0xf09C19328C26088053a8c9CfB982427bafF2Bd0b (ERC-20). An unnamed source confirmed interest payments were made on this draft agreement. Second, Mark X was documented soliciting OTC deals at steep discounts via a public Telegram group ('FOUNDER APP Buy/Sell Traffic,' 841 members) with offers including a 60% discount with 2-month cliff and 2-month vesting when the token traded at approximately $1.87, and a KOL Capital arrangement offering an 80% discount ($1 per token versus approximately $5 market price) with vesting contingent on a minimum of two posts monthly. Third, the Legion public sale vesting terms were allegedly changed unilaterally from a 3-month cliff with 8-month linear vesting (full unlock at month 11) to 0% at TGE, a 9-month cliff, and 6-month linear vesting (full unlock at month 15). Fourth, multiple content creators and marketing partners — including those associated with Cookie DAO — reported receiving none of their promised remaining 60% LAB rewards as of May 2026, months after the expected release date. ZachXBT estimated that only a handful of non-insider transfers exceeding $150,000 occurred across LAB since launch, supporting his greater-than-95% insider control estimate.","heading":"Alleged Insider Supply Control and Token Manipulation","severity":"critical","sources":[{"credibility":2,"name":"ZachXBT Alleges 95% LAB Token Are Controlled by Insiders — Crypto Times","type":"news_article","url":"https://www.cryptotimes.io/2026/05/14/zachxbt-alleges-95-lab-token-are-controlled-by-insiders/"},{"credibility":1,"name":"ZachXBT alleges 95% insider control of LAB token — The Block","type":"news_article","url":"https://www.theblock.co/post/401290/zachxbt-alleges-95-insider-control-of-lab-token-in-investigation-into-ai-terminals-6-billion-fdv-project"},{"credibility":2,"name":"ZachXBT Says 95% of LAB Token Is Insider-Controlled — Bitcoin News","type":"news_article","url":"https://news.bitcoin.com/zachxbt-lab-token-insider-control-bitget-investigation-2026/"},{"credibility":2,"name":"ZachXBT Breaks Down $LAB's $6B FDV: How Insiders Controlled Supply And Profits — NullTX","type":"news_article","url":"https://nulltx.com/zachxbt-breaks-down-labs-6b-fdv-how-insiders-controlled-supply-and-profits/"}]},{"content":"ZachXBT's on-chain analysis showed that between March and April 2026, wallets linked to the LAB team deposited approximately 226 million LAB tokens into Bitget deposit addresses across five separate wallets, each holding between 30 and 60 million LAB. On May 11–12, 2026, 100 million LAB tokens — approximately 32.26% of the reported circulating supply — were withdrawn from Bitget to ten freshly created wallet addresses within a 12-hour window. Each wallet received between 8.6 million and 10.8 million LAB, with individual transfers valued between approximately $41.5 million and $52.92 million. Gas-giver funding for those fresh addresses was dated April 23, 2026, suggesting coordinated preparation ahead of the withdrawal. Prior to the withdrawal, the token surged over 350% in approximately 72 hours. Structural data at the time showed only 19,004 LAB token holders and a liquidity-to-market-cap ratio of approximately 0.35%, indicating highly concentrated and illiquid conditions. ZachXBT additionally identified a LAB team multisig signer (address 0xcEA7...eBC9) as having been funded by an alleged RIVER token manipulation insider who had previously received over $12 million in RIVER tokens. TRM Labs flow diagrams cited in the investigation trace RIVER manipulation wallets to LAB signer addresses via gas-giver transactions.","heading":"On-Chain Evidence: Bitget Deposits and Token Withdrawals","severity":"critical","sources":[{"credibility":2,"name":"10 Fresh Wallets Pull 100 Million LAB Tokens Worth $480M From Bitget — Bitcoin News","type":"on_chain","url":"https://news.bitcoin.com/lab-token-bitget-withdrawal-manipulation-2026/"},{"credibility":2,"name":"ZachXBT Calls Bitget Part of 'Chinese CEX Cartel' After 100M Lab Tokens Exit — Crypto Times","type":"news_article","url":"https://www.cryptotimes.io/2026/05/12/zachxbt-calls-bitget-part-of-chinese-cex-cartel-after-100m-lab-tokens-exit/"},{"credibility":2,"name":"ZachXBT Alleges 95% LAB Token Are Controlled by Insiders — Crypto Times","type":"news_article","url":"https://www.cryptotimes.io/2026/05/14/zachxbt-alleges-95-lab-token-are-controlled-by-insiders/"},{"credibility":2,"name":"ZachXBT Accuses Bitget of Facilitating LAB Token Manipulation — Ainvest","type":"news_article","url":"https://www.ainvest.com/news/zachxbt-accuses-bitget-facilitating-lab-token-manipulation-2605/"}]},{"content":"On June 2, 2026, LAB collapsed approximately 77% within a two-hour window, sliding from a record high of $27.96 on MEXC to roughly $6, erasing an estimated $6 billion in market value. A June 1 buyback announcement had pushed the price from approximately $7.31 to $16.24 in the preceding 24 hours before the crash. On-chain data from the crash window showed that the dominant addresses executing LAB trades were proxy contracts and settlement infrastructure, not retail wallets; a single proxy contract executed over 4,500 trades during the two-hour collapse, while the largest individual sell recovered from the crash window was approximately $18,600. Earlier in the manipulation cycle, LAB had also experienced a separate 65% decline from its peak following the May pump, making the June 2 crash the second major drawdown episode. By dollar damage, the June 2 event is reported as one of the largest single-day intraday token market cap wipeouts in 2026.","heading":"Token Price Collapse","severity":"critical","sources":[{"credibility":2,"name":"LAB Crashes 77% From Peak, $6 Billion Wiped, Crypto Community Outraged — BeInCrypto","type":"news_article","url":"https://beincrypto.com/lab-crashes-77-from-peak-6-billion-wiped-crypto-community-outraged/"},{"credibility":1,"name":"ZachXBT alleges 95% insider control of LAB token — The Block","type":"news_article","url":"https://www.theblock.co/post/401290/zachxbt-alleges-95-insider-control-of-lab-token-in-investigation-into-ai-terminals-6-billion-fdv-project"}]},{"content":"ZachXBT alleged that Bitget knowingly facilitated the LAB manipulation by permitting alleged insider wallets to accumulate and withdraw large volumes of LAB ahead of price moves. He publicly named Shawn Liu as Bitget's 'big boss who allows these scams to operate behind the scenes,' characterizing CEO Gracy Chen as 'only the face' of the exchange. ZachXBT described Bitget and similar Asian-origin centralized exchanges as a 'Chinese CEX cartel' that knowingly profits from internally coordinated token schemes. Neither Bitget, Shawn Liu, nor Gracy Chen issued public responses to these allegations as of the time of reporting. ZachXBT's call to action demanded that Bitget, Binance, and Gate.io freeze insider profits and redistribute to users or delist LAB. ZachXBT also raised the April 2026 VOXEL market manipulation incident at Bitget, which he alleged cost the exchange approximately $100 million, as precedent for Bitget's exposure to manipulation-related incidents.","heading":"Alleged Bitget Involvement and 'Chinese CEX Cartel' Allegations","severity":"critical","sources":[{"credibility":2,"name":"ZachXBT Names Bitget's Real Boss, Warns Escalation Against Chinese CEX 'Cartel' Is Coming — Bitcoin News","type":"news_article","url":"https://news.bitcoin.com/zachxbt-bitget-shawn-liu-cex-cartel-2026/"},{"credibility":2,"name":"ZachXBT Calls Bitget Part Of 'Chinese CEX Cartel' After 100M Lab Tokens Exit — Crypto Times","type":"news_article","url":"https://www.cryptotimes.io/2026/05/12/zachxbt-calls-bitget-part-of-chinese-cex-cartel-after-100m-lab-tokens-exit/"},{"credibility":2,"name":"Bitget Faces ZachXBT Firestorm After $480M LAB Withdrawals — Bitcoinist","type":"news_article","url":"https://bitcoinist.com/bitget-zachxbt-firestorm-480-million-lab/"}]},{"content":"ZachXBT alleged that LAB is not an isolated case but part of a recurring pattern of supply-control manipulation schemes operated by an unnamed market maker operating through Chinese-linked centralized exchanges. He named RAVE, RIVER, SIREN, MYX, and SKYAI as earlier tokens operated under the same alleged playbook: low visible float, opaque supply, large-exchange listings to create an appearance of legitimacy, and coordinated insider exits before retail holders can exit. On-chain evidence cited by ZachXBT shows that the LAB team multisig signer address was funded by an entity involved in the alleged RIVER token manipulation, establishing an alleged on-chain link between the two projects' insider networks. RAVE subsequently collapsed approximately 95% from its peak, erasing a comparable multi-billion-dollar market cap. ZachXBT submitted a formal report to Binance, Bitget, and Gate.io regarding RAVE, RIVER, SIREN, and LAB collectively.","heading":"Connection to Broader Token Manipulation Network","severity":"critical","sources":[{"credibility":2,"name":"ZachXBT Names RAVE, RIVER, SIREN, and LAB as Victims of Bitget-Enabled Market Maker Fraud — Bitcoin News","type":"news_article","url":"https://news.bitcoin.com/zachxbt-bitget-supply-control-manipulation-rave-river-siren-lab-2026/"},{"credibility":2,"name":"Fresh Manipulation Warnings Hit Other Crypto Projects After RAVE's 95% Collapse — Bitcoin News","type":"news_article","url":"https://news.bitcoin.com/fresh-manipulation-warnings-hit-other-crypto-projects-after-raves-95-collapse/"},{"credibility":2,"name":"RAVE, SIREN Extend Their Pumps Despite Warnings of Possible Manipulation — Cryptopolitan","type":"news_article","url":"https://www.cryptopolitan.com/rave-siren-pumps-warnings-of-manipulation/"},{"credibility":2,"name":"ZachXBT Alleges 95% LAB Token Are Controlled by Insiders — Crypto Times","type":"news_article","url":"https://www.cryptotimes.io/2026/05/14/zachxbt-alleges-95-lab-token-are-controlled-by-insiders/"}]},{"content":"ZachXBT posted a $10,000 bounty for evidence identifying Vova Sadkov or for additional documentation of market manipulation in the LAB operation. He stated he reached out to the LAB team via direct message prior to publishing his investigation and received no response. He reported that Sadkov deleted social media posts around the time of the investigation's publication. As of early June 2026, no public rebuttal had been issued by Vova Sadkov, Mark X, LABtrade, Bitget, Binance, or Gate.io in response to the manipulation allegations. ZachXBT had spent approximately $1,500 of the $10,000 bounty fund at the time of his announcement, suggesting partial evidence acquisition remained in progress.","heading":"Founder Bounty and Lack of Response","severity":"high","sources":[{"credibility":2,"name":"ZachXBT Accuses LAB Token Founder of Market Manipulation, Offers $10,000 Bounty for Evidence — Coinpedia","type":"news_article","url":"https://coinpedia.org/news/zachxbt-accuses-lab-token-founder-of-market-manipulation-offers-10000-bounty-for-evidence/"},{"credibility":2,"name":"On-chain investigator ZachXBT accuses LAB founder Vova Sadkov of coordinating market manipulation — Whale Alert","type":"news_article","url":"https://whale-alert.io/stories/89b101826b67ea/On-chain-investigator-ZachXBT-accuses-LAB-founder-Vova-Sadkov-of-coordinating-market-manipulation-across-Bitget-Bybit-Binance-and-OKX-offers-10000-bounty-for-evidence"},{"credibility":1,"name":"ZachXBT accuses projects like LAB of 'highly questionable price action', posts $10,000 bounty — The Block","type":"news_article","url":"https://www.theblock.co/post/400465/zachxbt-accuses-projects-like-lab-of-highly-questionable-price-action-posts-10000-bounty-for-info-on-alleged-market-manipulation"}]},{"content":"As of June 2026, no formal regulatory action by the SEC, CFTC, or any other government agency has been publicly confirmed against LAB Token, Vova Sadkov, Mark X, or The Lab Management Ltd. The project's BVI legal entity structure (The Lab Management Ltd., Quijano Chambers, Road Town, Tortola) would fall outside direct U.S. regulatory jurisdiction for enforcement purposes absent evidence of U.S.-person targeting. The absence of confirmed regulatory action does not constitute exoneration of the alleged conduct; the on-chain allegations by ZachXBT remain unresolved pending any official investigation.","heading":"Regulatory Status","severity":"medium","sources":[{"credibility":2,"name":"ZachXBT Alleges 95% LAB Token Are Controlled by Insiders — Crypto Times","type":"news_article","url":"https://www.cryptotimes.io/2026/05/14/zachxbt-alleges-95-lab-token-are-controlled-by-insiders/"}]}],"sources_used":[{"credibility":1,"name":"ZachXBT alleges 95% insider control of LAB token in investigation into AI terminal's $6 billion FDV project — The Block","type":"news_article","url":"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,"name":"ZachXBT accuses projects like LAB of 'highly questionable price action', posts $10,000 bounty — The Block","type":"news_article","url":"https://www.theblock.co/post/400465/zachxbt-accuses-projects-like-lab-of-highly-questionable-price-action-posts-10000-bounty-for-info-on-alleged-market-manipulation"},{"credibility":2,"name":"ZachXBT Says 95% of LAB Token Is Insider-Controlled — Bitcoin News","type":"news_article","url":"https://news.bitcoin.com/zachxbt-lab-token-insider-control-bitget-investigation-2026/"},{"credibility":2,"name":"10 Fresh Wallets Pull 100 Million LAB Tokens Worth $480M From Bitget — Bitcoin News","type":"news_article","url":"https://news.bitcoin.com/lab-token-bitget-withdrawal-manipulation-2026/"},{"credibility":2,"name":"ZachXBT Names RAVE, RIVER, SIREN, and LAB as Victims of Bitget-Enabled Market Maker Fraud — Bitcoin News","type":"news_article","url":"https://news.bitcoin.com/zachxbt-bitget-supply-control-manipulation-rave-river-siren-lab-2026/"},{"credibility":2,"name":"ZachXBT Names Bitget's Real Boss, Warns Escalation Against Chinese CEX 'Cartel' Is Coming — Bitcoin News","type":"news_article","url":"https://news.bitcoin.com/zachxbt-bitget-shawn-liu-cex-cartel-2026/"},{"credibility":2,"name":"Fresh Manipulation Warnings Hit Other Crypto Projects After RAVE's 95% Collapse — Bitcoin News","type":"news_article","url":"https://news.bitcoin.com/fresh-manipulation-warnings-hit-other-crypto-projects-after-raves-95-collapse/"},{"credibility":2,"name":"LAB Crashes 77% From Peak, $6 Billion Wiped, Crypto Community Outraged — BeInCrypto","type":"news_article","url":"https://beincrypto.com/lab-crashes-77-from-peak-6-billion-wiped-crypto-community-outraged/"},{"credibility":2,"name":"ZachXBT Accuses LAB Token Founder of Market Manipulation, Offers $10,000 Bounty for Evidence — Coinpedia","type":"news_article","url":"https://coinpedia.org/news/zachxbt-accuses-lab-token-founder-of-market-manipulation-offers-10000-bounty-for-evidence/"},{"credibility":2,"name":"ZachXBT Alleges 95% LAB Token Are Controlled by Insiders — Crypto Times","type":"news_article","url":"https://www.cryptotimes.io/2026/05/14/zachxbt-alleges-95-lab-token-are-controlled-by-insiders/"},{"credibility":2,"name":"ZachXBT Calls Bitget Part Of 'Chinese CEX Cartel' After 100M Lab Tokens Exit — Crypto Times","type":"news_article","url":"https://www.cryptotimes.io/2026/05/12/zachxbt-calls-bitget-part-of-chinese-cex-cartel-after-100m-lab-tokens-exit/"},{"credibility":2,"name":"ZachXBT Breaks Down $LAB's $6B FDV: How Insiders Controlled Supply And Profits — NullTX","type":"news_article","url":"https://nulltx.com/zachxbt-breaks-down-labs-6b-fdv-how-insiders-controlled-supply-and-profits/"},{"credibility":2,"name":"LAB Insiders Tighten Grip as ZachXBT Rips Into Exchange-Fueled Token Game — Crypto.news","type":"news_article","url":"https://crypto.news/lab-insiders-tighten-grip-as-zachxbt-rips-into-exchange-fueled-token-game/"},{"credibility":2,"name":"Bitget Faces ZachXBT Firestorm After $480M LAB Withdrawals — Bitcoinist","type":"news_article","url":"https://bitcoinist.com/bitget-zachxbt-firestorm-480-million-lab/"},{"credibility":2,"name":"ZachXBT Accuses Bitget of Facilitating LAB Token Manipulation — Ainvest","type":"news_article","url":"https://www.ainvest.com/news/zachxbt-accuses-bitget-facilitating-lab-token-manipulation-2605/"},{"credibility":2,"name":"On-chain investigator ZachXBT accuses LAB founder Vova Sadkov — Whale Alert","type":"news_article","url":"https://whale-alert.io/stories/89b101826b67ea/On-chain-investigator-ZachXBT-accuses-LAB-founder-Vova-Sadkov-of-coordinating-market-manipulation-across-Bitget-Bybit-Binance-and-OKX-offers-10000-bounty-for-evidence"},{"credibility":2,"name":"What Is LAB and Why This Multi-Chain Trading Terminal Token Just Surged 364% in a Single Day — Phemex","type":"news_article","url":"https://phemex.com/academy/what-is-lab-token-and-why-it-surged"},{"credibility":2,"name":"LAB ICO — ICO Drops","type":"research","url":"https://icodrops.com/lab/"},{"credibility":2,"name":"RAVE, SIREN Extend Their Pumps Despite Warnings of Possible Manipulation — Cryptopolitan","type":"news_article","url":"https://www.cryptopolitan.com/rave-siren-pumps-warnings-of-manipulation/"},{"credibility":2,"name":"LAB Faces Pump-and-Dump Fears Amid 100 Mln Token Distribution — AMBCrypto","type":"news_article","url":"https://ambcrypto.com/lab-faces-pump-and-dump-fears-amid-100-mln-token-distribution/"}],"summary":"LAB is a Dubai-based AI trading terminal project whose native token surged over 350% in 72 hours to a $6 billion fully diluted valuation in May 2026 before collapsing 77% on June 2, 2026, erasing roughly $6 billion in market value. On-chain investigator ZachXBT published findings in May 2026 alleging that insiders — including founder Vova Sadkov (Vladimir Sadkov) and co-founder Mark X — controlled over 95% of the token's circulating supply through opaque OTC loans, unilateral vesting changes, and coordination with Bitget exchange infrastructure. No formal regulatory action has been confirmed as of June 2026; Sadkov and the LAB team did not issue a public rebuttal to the allegations.","timeline":[{"date":"2024-04-01","event":"Vova Sadkov and Mark X launch Eesee ($ESE), a gamified NFT marketplace on the Blast blockchain.","source":"ZachXBT investigation via Crypto Times","source_url":"https://www.cryptotimes.io/2026/05/14/zachxbt-alleges-95-lab-token-are-controlled-by-insiders/"},{"date":"2025-02-24","event":"LAB seed round closes, raising $2.3 million from backers including Amber Group, Selini Capital, Re7 Capital, and Cypher Capital.","source":"ICO Drops","source_url":"https://icodrops.com/lab/"},{"date":"2025-09-22","event":"LAB community round on Legion raises $1.5 million in approximately 10 minutes.","source":"ICO Drops","source_url":"https://icodrops.com/lab/"},{"date":"2025-10-09","event":"LAB third funding round closes, raising an additional $850,000.","source":"ICO Drops","source_url":"https://icodrops.com/lab/"},{"date":"2025-10-14","event":"LAB token generation event (TGE) occurs.","source":"Phemex Academy","source_url":"https://phemex.com/academy/what-is-lab-token-and-why-it-surged"},{"date":"2026-01-06","event":"Mark X solicits OTC deals publicly in Telegram group 'FOUNDER APP Buy/Sell Traffic,' offering 60% discount with 2-month cliff when LAB trades at approximately $1.87.","source":"ZachXBT investigation via Crypto Times","source_url":"https://www.cryptotimes.io/2026/05/14/zachxbt-alleges-95-lab-token-are-controlled-by-insiders/"},{"date":"2026-03-01","event":"Alleged insider wallets begin depositing LAB tokens into Bitget deposit addresses; between March and April 2026, approximately 226 million LAB tokens are deposited across five wallets.","source":"ZachXBT investigation via Crypto Times","source_url":"https://www.cryptotimes.io/2026/05/14/zachxbt-alleges-95-lab-token-are-controlled-by-insiders/"},{"date":"2026-04-23","event":"Gas-giver addresses fund ten fresh wallets, which ZachXBT later cites as coordinated preparation for the large token withdrawal from Bitget.","source":"ZachXBT investigation via Crypto Times","source_url":"https://www.cryptotimes.io/2026/05/14/zachxbt-alleges-95-lab-token-are-controlled-by-insiders/"},{"date":"2026-05-03","event":"LAB token surges approximately 364% in a single day around the time of a mobile app launch announcement, reaching a market cap of approximately $133 million and a fully diluted valuation approaching $1.74 billion.","source":"Phemex Academy","source_url":"https://phemex.com/academy/what-is-lab-token-and-why-it-surged"},{"date":"2026-05-11","event":"One hundred million LAB tokens (approximately 32.26% of reported circulating supply) are withdrawn from Bitget to ten freshly created wallets within a 12-hour window, with each wallet receiving 8.6–10.8 million LAB valued at $41.5–$52.92 million per transfer.","source":"Bitcoin News / ZachXBT investigation","source_url":"https://news.bitcoin.com/lab-token-bitget-withdrawal-manipulation-2026/"},{"date":"2026-05-12","event":"ZachXBT publicly calls Bitget part of a 'Chinese CEX cartel' after the 100 million LAB token withdrawal, names Shawn Liu as Bitget's behind-the-scenes operator, and describes the price surge as preceded by insider accumulation.","source":"Crypto Times","source_url":"https://www.cryptotimes.io/2026/05/12/zachxbt-calls-bitget-part-of-chinese-cex-cartel-after-100m-lab-tokens-exit/"},{"date":"2026-05-14","event":"ZachXBT publishes comprehensive investigation alleging over 95% insider control of LAB token supply, documenting the BVI shell company, loan agreements at 7.5% monthly interest signed by Vladimir Sadkov, unilateral vesting changes, OTC deal solicitation, and on-chain connections to RIVER token manipulation.","source":"Crypto Times / The Block / Bitcoin News","source_url":"https://www.cryptotimes.io/2026/05/14/zachxbt-alleges-95-lab-token-are-controlled-by-insiders/"},{"date":"2026-05-14","event":"ZachXBT posts a $10,000 bounty for evidence identifying Vova Sadkov or proving market manipulation, demands Binance, Bitget, and Gate.io freeze insider profits or delist LAB.","source":"Coinpedia / The Block","source_url":"https://coinpedia.org/news/zachxbt-accuses-lab-token-founder-of-market-manipulation-offers-10000-bounty-for-evidence/"},{"date":"2026-05-18","event":"ZachXBT names RAVE, RIVER, SIREN, and LAB collectively as examples of Bitget-enabled market maker fraud using supply control manipulation.","source":"Bitcoin News","source_url":"https://news.bitcoin.com/zachxbt-bitget-supply-control-manipulation-rave-river-siren-lab-2026/"},{"date":"2026-06-01","event":"LAB team announces a buyback program; LAB price rises from approximately $7.31 to $16.24 in 24 hours.","source":"BeInCrypto","source_url":"https://beincrypto.com/lab-crashes-77-from-peak-6-billion-wiped-crypto-community-outraged/"},{"date":"2026-06-02","event":"LAB crashes 77% within two hours, from an all-time high of $27.96 on MEXC to approximately $6, erasing roughly $6 billion in market value. On-chain analysis shows the dominant sell-side activity came from proxy contracts executing over 4,500 trades in the crash window, not retail holders.","source":"BeInCrypto","source_url":"https://beincrypto.com/lab-crashes-77-from-peak-6-billion-wiped-crypto-community-outraged/"}]},"v":1}