MrBeast Promoted Scam Tokens?
YouTube blogger MrBeast earned over $10 million by investing in and supporting low-cap tokens. This is the conclusion reached by anonymous on-chain analyst SomaXBT.
Many of the assets in question subsequently fell by more than 90% or rebranded, the expert noted.
The analysis was based on the wallet being labeled on the Arkham platform as allegedly belonging to the YouTuber. He also cited his social media activity as evidence.
