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TechFlow News, May 7: On-chain investigator ZachXBT stated that LAB’s founder engaged in CEX market manipulation while issuing “philosophical” statements—actions that harmed retail investors. ZachXBT noted he had attempted to contact the individual privately but received no response. He added that such “fraudulent” behavior is further eroding the cryptocurrency industry’s dwindling public trust.
On-chain investigator ZachXBT stated that LAB’s founders engaged in CEX market manipulation while issuing “philosophical” statements—actions that harmed retail investors. ZachXBT noted he had attempted to contact them privately, but received no response. He added that such “scammer” behavior is further eroding the crypto industry’s already dwindling public trust.
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