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CryptoIntelligence 2024-10-15 01:25:13

MrBeast Faces Crypto Accusations After Profiting $10 Million

MrBeast, one of YouTube’s top creators, has been accused of participating in cryptocurrency pump-and-dump schemes, allegedly making over $10 million from these activities. The accusations were made by a blockchain investigator using the handle SomaXBT on the social media platform X. According to SomaXBT, MrBeast “allegedly made $10M+ by backing low-cap IDO crypto tokens promoted by influencers like Lark Davis, CryptoBanter, KSI, and others.” SomaXBT’s investigation claims that MrBeast invested $100,000 in a project called SuperFarmDAO and then used his influencer status to boost the project’s SUPER token before selling off his shares. SomaXBT alleges that MrBeast converted millions of

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