Jimmy Donaldson, widely known as MrBeast, is facing serious allegations of insider trading and involvement in cryptocurrency scams.
A team of researchers has identified over 50 cryptocurrency wallets connected to him, documenting profits exceeding $23 million from various low-cap cryptocurrency projects.
He is accused of promoting these cryptocurrencies to his massive audience and then selling his holdings at inflated prices, resulting in significant losses for his followers.
The tokens involved reportedly include SuperVerse (SUPER), from which he allegedly made $11.45 million, as well as Ethernity Chain (ERN) and others.