PANews reported on October 14 that according to Cryptonews, well-known YouTuber Jimmy Donaldson (MrBeast) was accused of making more than $10 million by promoting low-market-cap cryptocurrency projects and then selling these tokens. The allegations stem from an on-chain investigation by crypto investigator SomaXBT, which revealed that MrBeast participated in the first decentralized exchange issuance (ID0) and token promotion of multiple projects, and then sold them for profit after the token prices soared. The projects involved include SuperFarm ($SUPER), Polychain Monsters ($PMON) and SPLYT ($SHOPX), among others, some of which saw their value drop by more than 90% after his exit, sparking ethical controversy over the "pump and dump" operation.
