6h ago

Zachxbt Flags Possible Insider Activity On $Rave

On-chain investigator @zachxbt has raised concerns about alleged insider manipulation of the @RaveDAO token, posting that insiders appear to control more than 90% of $RAVE's supply.

In his post, ZachXBT pointed to what he described as pump-and-dump activity originating from @binance, @bitgetglobal, and @gate_io, and called on Binance's He Yi and Bitget CEO @GracyBitget to investigate and offboard those involved.

He also offered a $10,000 bounty for whistleblowers who come forward with evidence related to the alleged scheme.

@GracyBitget publicly responded shortly after, confirming that @bitgetglobal had opened an investigation into $RAVE.

$RAVE has surged more than 10,000% over the past 30 days, adding another 44% on Saturday alone.

Zachxbt Flags Possible Insider Activity On $Rave

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