*MrBeast Rakes in Over $10 Million Promoting Lesser-Known Cryptos!*đ€Ż
An anonymous crypto investigator, SomaXBT, claims that MrBeast, real name Jimmy Donaldson, made over $10 million promoting Initial DEX Offerings (IDOs) for projects like Polychain Monsters (PMON) and Virtue Poker (VPP).
SomaXBT sees this as a red flag, comparing it to a pump-and-dump scheme. By hyping up these tokens to millions of followers and then selling them after their prices rise, regular investors could end up losing money.
He pointed out, âThis is the shady stuff theyâve all done in the crypto market. If they did this in the stock market, the SEC would be after them.â
SomaXBT uses on-chain data to increase transparency and hold the crypto community accountable. His recent posts highlight the risks of influencer-driven token promotions.
The investigation shows that Jimmy Donaldson, aka MrBeast, has been involved with several crypto projects, including SuperFarm ($SUPER), Polychain Monsters ($PMON), SPLYT ($SHOPX), STAK, and Virtue Poker ($VPP).
