LAB Token Crashes 90% After Insider Dump Allegations
- Scam
- DeFi
LAB launched as native token of LAB Trade for AI-powered multichain trading and hit $5B market cap with ATH of $27.22 in June 2026. ZachXBT and onchain analysts flagged concentrated insider ownership early. Large deposits hit exchanges July 6-8 triggering 48-hour unwind that erased nearly $5B and dropped market cap below $400M.
Incident Details
- Type
- FRAUD
- Funds Lost
- $5B
- Status
- Ongoing
Token down 90% in 48 hours with ongoing investigations into insider activity