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YouTuber MrBeast has been accused of making millions of dollars through a scheme of pumping and dumping low market cap tokens.

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Oct 14, 2024

According to Cryptonews, YouTube KOL Jimmy Donaldson (MrBeast) has been accused of profiting over 10 million dollars through a scheme involving pumping and dumping low market cap tokens. MrBeast participated in several Initial DEX Offerings (IDOs) and token promotions, with projects allegedly including SuperFarm ($SUPER), Polychain Monsters ($PMON), SPLYT ($SHOPX), among others. After MrBeast exited, the value of some tokens plummeted by more than 90%.

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