ZachXBT, known for its on-chain investigations in the cryptocurrency world, has made serious accusations against Vova Sadkov, who is alleged to be the founder of the LAB token.
ZachXBT raised the allegation that Sadkov manipulated the market through centralized cryptocurrency exchanges, while also claiming that he diverted investors’ attention by sharing philosophical content on the social media platform X.
According to ZachXBT, these activities particularly harmed individual investors. The renowned researcher stated that he had previously tried to contact the LAB team directly via message but received no response.
Following these developments, ZachXBT announced a $10,000 reward program for individuals providing information on potential market manipulation linked to LAB. The reward seeks inside information, contracts, chat logs, and other documents related to LAB’s market-making activities. The allegations focus on activities in the Bitget spot market, Bybit perpetual trading, Binance perpetual trading, and OKX perpetual trading.
ZachXBT also requested that the founder, known by the username “vsadkovv,” share passport, ID, or similar verification information. The incident has caused a stir on social media, but the LAB team has yet to issue an official statement.
*This is not investment advice.
