YouTuber MrBeast Accused Of Earning $10M From Token Pump-and-Gamp Schemes
The post YouTuber MrBeast Accused Of Earning $10M From Token Pump-and-Dmp Schemes appeared first on Coinpedia Fintech News.
YouTuber Jimmy Donaldson, also known as Mr. Beast, is accused of making more than $10 million through cheap promotions and pump-and-copy schemes. An investigation by SomaXBT revealed that MrBeast was involved in projects such as Superfarm (SUPER) and Polychain Monsters (PMON), where he promoted tokens, sold them during price increases and reportedly made huge profits. These symptoms subsided over time, some by more than 90%. Critics highlight the ethical concerns of such practices, with MrBeast's involvement reflecting the familiar pump-and-dump tactics seen in the crypto world.
