$LAB token
An AI trading-terminal token launched via Binance Alpha in Oct 2025 that surged to a multi-billion-dollar FDV — briefly among the largest crypto assets by valuation — before a ~77% crash on Jun 2, 2026. ZachXBT alleges insiders, led by founder Vova Sadkov, control over 95% of supply and ran a coordinated market-maker pump. LAB has not publicly responded; no charges have been reported.
Also known as: LAB, The Lab, Vova Sadkov, Vladimir Sadkov, Eesee, ESE
Note: The market-manipulation and insider-control claims below are allegations made by on-chain investigator ZachXBT and reported by multiple outlets. LAB and its founders had not publicly responded as of reporting, and no charges or regulatory actions have been reported. Token-level facts (listings, valuation, the June 2026 crash) are independently reported.
Summary
LAB is the native token of an AI-powered, multi-chain trading-terminal project. Its token generation event took place via Binance Alpha on October 14, 2025. In May–June 2026 it surged to a multi-billion-dollar fully diluted valuation (FDV) — by some reports briefly entering the top tier of crypto assets by valuation — before a sharp crash, drawing a detailed investigation by ZachXBT. [1][2][5]
Exchanges and listings
Per reporting, LAB has been listed or traded on, among others: Binance (via Binance Alpha, where its TGE occurred), Gate.io (LAB/USDT, listed the same day as the TGE), Bitget, MEXC, and Bittime (a regulated Indonesian exchange, May 8, 2026), as well as decentralized exchanges (e.g. Uniswap v3 on BNB Chain). [4][1] ZachXBT identified Bitget as the alleged primary market-making venue, with Binance and Gate as secondary channels, and said funds flowed to the founder's personal Bybit and Gate accounts. Reported backers include Lemniscap, OKX, Animoca, GSR, Gate, KuCoin, Mirana, and Amber — several of which are also exchanges where the token trades. [2][3]
Valuation
Reports of LAB's FDV vary widely due to a very low public float and extreme volatility: ZachXBT referenced a roughly $6 billion FDV at the pump's peak, while some outlets reported figures as high as ~$14.9 billion, briefly ranking LAB among the largest crypto assets by valuation. The large gap between market cap and FDV reflects heavy locked/vesting supply. [2][5]
People & entities involved
Sources (5)
- LAB Crashes 77% From Peak, $6 Billion Wiped, Crypto Community Outraged — BeInCrypto
- ZachXBT Says 95% of LAB Token Is Insider-Controlled — Bitcoin.com
- ZachXBT alleges 95% insider control of LAB token (AI terminal $6B FDV) — The Block
- What Is LAB Crypto? Token, Tokenomics & Exchange Listings (2026) — Bittime
- LAB Surges 70% and Sets New High in Thin Market (FDV ~$14.9B) — Coinspot.io
See also
- Bitcoin Latinum (LTNM)TokensA ~$16M token offering (SAFTs for 'Bitcoin Latinum' / LTNM) that the SEC charged in 2026 as fraud: founder Donald Basile falsely called LTNM 'the world's first insured digital asset' backed by an 'existing trust,' neither of which existed, and diverted investor funds for personal use (including a $160,000 horse).
- Loci (LOCIcoin)TokensA 2017–2018 ICO for 'LOCIcoin' tied to the InnVenn IP-search platform. The SEC charged Loci and CEO John Wise with fraud for raising $7.6M on false claims about revenue, headcount, and user base; Wise also misused investor funds. Settled with a $7.6M penalty and an officer/director bar.
- Blockchain Terminal (BCT)Tokens
This page was last updated on Jun 8, 2026. View revision history.