MrBeast, the popular YouTuber, is alleged to have orchestrated a crypto scheme that pocketed over $20 million, all while continuing to create videos as if nothing happened. Here’s the full breakdown of this shocking story 🧵👇
1️⃣ On-Chain Investigation
A group of blockchain investigators traced MrBeast's main wallet (0x9e6) and uncovered a network of over 50 interconnected wallets. The investigation revealed he had quietly invested in various crypto projects, promoting them to his massive audience before offloading the tokens—leaving his fans to absorb the losses.
2️⃣ Key Findings
MrBeast reportedly made millions by dumping tokens:
$11.4M from SuperVerse ($SUPER)
$4.6M from Ethernity Chain ($ERN)
$1.7M from Polychain Monsters ($PMON)
$1.3M from Jigstack ($STAK)
Multiple six-figure exits from other projects.
While he profited, many of his followers bought at the peak and suffered heavy losses.
3️⃣ The Strategy
The approach was straightforward:
Leverage his brand for aggressive promotion.
Sell tokens at peak prices, dumping them on retail investors.
This strategy was repeated across numerous projects.
4️⃣ The SuperVerse Example
For SuperVerse ($SUPER), MrBeast allegedly invested $100K and used his influence to boost the token. Once the price surged, he cashed out $11.4M via a series of linked wallets. Meanwhile, many of his followers faced significant losses.
5️⃣ The Insider Network
The investigation also highlighted an insider group, including:
KSI #BURNGMT #GMT: @GMTDAO $GMT $BTC $PEPE #BinanceSquareFamily
