Popular YouTuber MrBeast Allegedly Involved in $23 Million Crypto Pump-and-Dump Scheme Aimed at Fans

A crypto analytics account on X/Twitter known as Lookonchain published allegations regarding popular YouTuber MrBeast and his involvement with various cryptocurrency tokens.

According to their analysis, they claim MrBeast, who has over 31 million followers on X, benefited from trading several crypto tokens.

Read Also: Here’s Why Whales Are Manipulating Kaspa (KAS) Price

The analysis suggests transactions worth approximately $23 million across multiple tokens, including:

  • $11.45 million from $SUPER
  • $4.65 million from $ERN
  • $1.72 million from $PMON
  • $1.31 million from $STAK
  • $1 million from $AIOZ

However, these claims have not been independently verified. In addition, no regulatory bodies have made any official statements regarding these allegations.

However, such action raise questions about the ethics of influencer involvement in crypto and the potential risks posed to unsuspecting investors.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

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