ZachXBT Exposes LAB Manipulation Scheme

Blockchain investigator ZachXBT just amplified a damning thread exposing LAB token's latest pump-and-dump antics on Bitget, where team-linked wallets dumped over $63M in tokens right before a price surge. The LAB crew, tied to @vsadkovv, controls massive supply chunks across addresses like 0x7Cfd8d2d8626B287bEA569b5e65AB5CBb75E9265 and others, fueling coordinated deposits that scream manipulation. This follows zero updates on the RAVE probe, with GracyBitget silent weeks after promising action, while perps on Binance, OKX, and Bybit potentially enable the chaos—straight-up eroding trust in an industry already battered by similar scams.

Ongoing Scams Erode Crypto Credibility

Every fresh token like LAB pulling these stunts tanks the sector's rep further, as centralized exchanges chase volume fees at retail traders' expense. Wallets such as 0xe037 deposited 40M LAB worth $13.6M to Bitget on April 8, followed by 96M LAB inflows a week before the May 1 pump. Gas fees got prepped via 0x50f2760fd5E6d546EE7dcEB617F33497A3C38593, and aggressive buying from 0x11fc12b988933966688d33B70651B5f2f450963C—also dabbling in SkyAI's 1000% run—hints at broader networks. ZachXBT keeps a reward open for tips on these operators, stressing how platforms' failure to investigate kills market integrity, especially with RAVE echoes and potential ties to viral trends like RaveDAO.

Technical Confluence on LAB's 4H Chart

Zooming into LAB's 4-hour chart, price action screams bullish conviction at $3.7, grinding higher within the Bollinger Bands where the upper resistance at $5.04 caps immediate upside while lower support at $0.79 guards against sharp drops. That golden cross on MACD at 0.66 confirms momentum building, but with RSI neutral at 60.45, we're not overbought yet—price could push toward upper band exhaustion before retracing to the EMA50 at $2.26, which aligns as rock-solid support above the EMA200 at $1.1 for any pullback. In this setup, institutional flows might target that $5.04 breakout if volume spikes, but watch for confluence at EMA50 if manipulation headlines trigger volatility; it's a classic macro play where trend strength overrides short-term noise, positioning LAB for continuation unless retail dumps accelerate a crypto market crash scenario.