On-chain analyst ZachXBT raised suspicions of market manipulation by LAB token founder Bova Sadkov and offered a $10,000 bounty for evidence, amidst which large-scale token movements were detected from LAB project-related addresses. According to on-chain analyst @ai_9684xtpa, 3.66 million LAB (approximately $14.07 million) were transferred from a multi-signature address (starting with 0x36F) to another address (starting with 0xf09), and the source of these funds is traced back to the LAB token distribution address. After the transfer, 2.125 million LAB were moved to two contract addresses, but their purpose remains unconfirmed.
