Famous social media figure Jimmy Donaldson (MrBeast) has been accused of promoting low-market-cap cryptocurrency projects and subsequently selling these tokens for over 10 million dollars. The projects involved include SuperFarm ($SUPER), Polychain Monsters ($PMON), and SPLYT ($SHOPX), among others. Some of these tokens saw their value drop by over 90% after his exit, leading to ethical controversy and allegations of price manipulation regarding the "pump and dump" operation.

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Odaily Planet Daily reports that the well-known social media influencer Jimmy Donaldson (MrBeast) is accused of promoting low-market-cap cryptocurrency projects and subsequently selling these tokens for over 10 million dollars. These allegations stem from an on-chain investigation by crypto investigator SomaXBT, which revealed MrBeast's involvement in the initial decentralized exchange offerings (IDO) and token promotions of multiple projects, followed by profit-taking after the token prices soared. The projects involved include SuperFarm ($SUPER), Polychain Monsters ($PMON), and SPLYT ($SHOPX), some of which saw their values drop by over 90% after his exit, raising ethical concerns about "pump and dump" operations and accusations of price manipulation. (Cryptonews)

Social media influencer MrBeast has been accused of artificially inflating the prices of low market cap tokens and profiting millions of dollars through a sell-off plan.