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LAB Token Crashes 97% as ZachXBT Links Massive Sales to Team-Funded Wallets
Jul 12, 2026
< 1 min read
by Jordan Lyanchev
for CryptoPotato
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Blockchain investigator ZachXBT reported that wallets funded by LAB token creators dumped millions of coins after earlier warnings about potential issues. The sell-off pushed LAB to a new low, erasing 97% of its value in days and raising crypto security and token performance concerns for investors.
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After warning the community a couple of weeks ago about potential issues around the LAB token, popular blockchain investigator ZachXBT claimed now that wallets funded by its creators dumped millions of coins.
This has only worsened the overall state of LAB, which has plummeted to a new low by erasing 97% of its value in days.
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