ZachXBT alleges RaveDAO misconduct as RAVE token explodes 1,200%
Crypto Briefing
On-chain sleuth ZachXBT has offered a $25,000 bounty investigating alleged market manipulation and insider activity within the RaveDAO project and its RAVE token.Summary
On-chain investigator ZachXBT is leading a campaign against RaveDAO, alleging that its RAVE token is the subject of a pump-and-dump scheme controlled by insiders. ZachXBT has offered a $25,000 bounty for information regarding the project, urging major exchanges like Binance and Bitget to conduct investigations. Following the accusations, the RAVE token, which had surged 1,200% to a market cap of $6.7 billion, experienced a sharp 24% decline.
(Source：Crypto Briefing)