News linked to both this project and an event.
Odaily reports: Crypto analyst Darkfost posted that the Bitcoin Unified Sentiment Index has fallen back into negative territory, currently at -11 and continuing to decline, indicating that the previous extreme greed phase has passed and bearish market sentiment is beginning to accumulate.Darkfost noted that the current index reading remains within a relatively neutral range but clearly reflects deteriorating sentiment in the Bitcoin market. The index fluctuates between -100 and +100, combining the Fear and Greed Index and CoinGecko sentiment survey data, and is standardized based on a rolling one-year window.
According to on-chain analyst ZachXBT (@zachxbt), the market capitalization of $LAB has recently surged to a $6 billion FDV, but serious issues lie beneath the surface: 1. Opaque token distribution: $LAB was co-founded by Vova Sadkov and Mark. Their prior project, Eesee ($ESE), faced criticism from investors. Platforms including CoinGecko, RootData, and CoinMarketCap provide conflicting data on LAB’s token distribution, with over 95% of the supply controlled by a small number of parties. 2. Unilateral amendment of terms: The team unilaterally extended the lock-up period for Legion’s public sale from three months to nine months. Additionally, multiple creators have reported delayed marketing partnership payments—some outstanding for several months—with no response from the team. 3. Opaque private loans: LAB privately offers loan agreements carrying a 7.5% monthly interest rate and a six-month term. The borrower is BVI shell company The Lab Management Ltd., signed by Vova Sadkov in his capacity as director; in case of default, repayment is to be made in LAB tokens at “market price.” 4. Anomalous on-chain fund movements: The borrower’s wallet (0xf09c) is identical to LAB’s public buyback wallet and exhibits on-chain linkages with another borrowing address (0x3185) associated with the Wildcat platform—suggesting related funds may have flowed into Vova’s personal exchange account. ZachXBT notes that $LAB