Crypto Wallets Linked to MrBeast Made $13 Million on Tokens Shilled by Influencers

Crypto Wallets Linked to MrBeast Made $13 Million on Tokens Shilled by Influencers

From decrypt.co

Crypto wallets linked to YouTube personality MrBeast made some $13 million by cashing in on a slew of token launches that were framed by analysts as pump-and-dumps, new on-chain analysis suggests. The main wallet, which blockchain analytics firm Arkham Intelligence has linked to MrBeast, aka Jimmy Donaldson, and which the content creator himself has previously said he has used to buy NFTs, bought into the token sales of several controversial crypto projects—and shortly thereafter dumped the holdings for massive profits. An investigation by pseudonymous on-chain analyst SomaXBT concluded that MrBeast-linked wallets ... (full story)

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