YouTuber MrBeast is accused of making more than $10 million by promoting altcoins, raising ethical concerns.
Blockchain investigator SomaXBT claims that MrBeast invested $100,000 in the SuperFarmDAO token, used his influence to boost its value, and sold it, earning over $9 million. He is also linked to similar actions in other projects such as Polychain Monsters and SHOPX.
While no laws have been broken, the alleged "pump and dump" schemes have drawn criticism, as such actions can harm retail investors and the crypto market overall.