MrBeast allegedly reaped $10M promoting and dumping altcoins

The YouTube influencer doesn’t appear to have broken any laws, but his actions have sparked ethical concerns within the crypto community.

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MrBeast, one of YouTube’s most popular influencers, has been accused of participating in cryptocurrency promote-and-dump schemes that have allegedly earned him more than $10 million.

The accusations were levied against MrBeast by a blockchain investigator using the handle “SomaXBT” on the X social media platform. 

A thread on X social media accusing MrBeast of exploiting altcoins. Source: SomaXBT

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