ZachXBT accuses LAB team of manipulating its token prices on CEX

On May 7, chain detectives ZachXBT and Specter said that the team behind Token LAB, LABtrade_and its founder vsadkovv, frequently created "pulling up shipments" price manipulation on centralized exchanges by centrally holding a large number of tokens. Related behaviors occurred almost once a week, harming the interests of retail investors. ZachXBT said it had contacted the other party privately and had received no response, alleging that the founder posted "philosophical thoughts" on social media and participated in manipulation of transactions. He said such behavior is further undermining the overall credibility of the crypto industry.