Famous YouTuber MrBeast has made millions of dollars in a cryptocurrency scandal.

YouTube's giant MrBeast is accused of making millions of dollars through low-volume crypto tokens. According to claims made by analyst SomaXBT, MrBeast profited significantly by promoting these tokens and selling them at the right time.

MrBeast Crypto Scandal Erupts: Made Millions of Dollars

Internet phenomenon MrBeast is alleged to have been involved in controversial transactions in the cryptocurrency market. According to information shared by blockchain analyst SomaXBT on the X platform, the famous content creator has made substantial profits from various altcoin projects.

SomaXBT's research suggests that MrBeast generated over 10 million dollars in revenue by using IDO tokens with low market value. Allegedly, the famous YouTuber increased the value of these digital assets by promoting them and then sold his tokens at a high price, achieving significant gains.

The data shared by the analyst indicates that MrBeast invested 100 thousand dollars in the SuperFarmDAO project and leveraged the SUPER token using his own popularity. During this process, it is claimed that the famous influencer converted his tokens to Ethereum and transferred them to different wallets, earning over 9 million dollars in profit.

SomaXBT also notes that MrBeast followed similar strategies in other projects such as Polychain Monsters, STAK, VPP, and SHOPX, promoting these tokens and then exiting the market.

Mike Kremer, a data engineer from Messari, emphasizes that these behaviors harm both the projects and the crypto ecosystem. Kremer stated, "Insiders or groups create exaggerated tokens, inflate them, and direct investors to these so-called revolutionary assets."

Such practices, known as "pump-and-dump," are seen as one of the most serious problems in the cryptocurrency sector, and those involved in these actions face intense criticism.