News linked to both this project and an event.
on-chain detective ZachXBT posted on X, stating that the crypto community's demands for his investigative work are often difficult to meet.ZachXBT said that when he publishes token manipulation investigations before insiders exit, he is accused of shorting the relevant projects, such as RAVE, M, and LAB. Conversely, when he reveals findings after an incident has occurred, he is criticized for failing to provide advance warnings.He indicated that constantly facing such criticism has gradually diminished his motivation to regularly publish investigative reports publicly, as he would rather continue his work privately than bear the pressure of public opinion. ZachXBT also criticized some community members for excessively relying on his investigation results instead of conducting their own research.
According to monitoring by on-chain analyst Ai Yi, one hour ago, an address associated with Amber Group (0xDDb26...E7E3d) withdrew 340,000 LAB tokens from Binance wallet, valued at $1.74 million, and subsequently deposited them to Gate. LAB has surged 611% since May, currently trading at $4.74, recovering all losses incurred after Zach's bounty investigation.
On-chain investigator ZachXBT stated that LAB’s founders engaged in CEX market manipulation while issuing “philosophical” statements—actions that harmed retail investors. ZachXBT noted he had attempted to contact them privately, but received no response. He added that such “scammer” behavior is further eroding the crypto industry’s already dwindling public trust.