YouTube sensation MrBeast accused of profiting from crypto trading

A recent investigation has linked James Stephen Donaldson, aka MrBeast, to over $23 million in profits from crypto trading that may be linked to insider trading.

- According to a report from Loock.io, the investigation team alleges that MrBeast and his network used their social media influence to promote and profit from tokens, causing losses to investors.

- The tokens involved include SuperVerse (SUPER), Ethernity Chain (ERN), Polkamon (PMON), STAK, and AIOZ.

- Around 50 crypto wallets are believed to be associated with MrBeast's network, with transactions traced through public Ethereum wallets.

- These wallets sold their tokens quickly after the promotion, but details about who managed each wallet remain unclear.

- This trend reflects public figures promoting cryptocurrency projects, often to the detriment of retail investors.