Edit: $LAB token — CryptoScamsWiki

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> **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]

## The allegations (ZachXBT investigation)

ZachXBT alleges that insiders control more than 95% of LAB's supply and coordinated a pump with an unknown market maker, citing: private OTC loans at a 7.5% monthly rate; unilateral changes to vesting/unlock schedules; unpaid marketing rewards; and opaque market-making. He reported that roughly 100 million LAB (~$482 million) moved from Bitget to 10 addresses on May 11–12, 2026, posted a $10,000 bounty for related documents, and urged Binance, Bitget, and Gate to freeze insider profits or delist. ZachXBT also stated the investigation was "not a recommendation to short". [2][3]

## Crash

On June 2, 2026, LAB fell about 77% from a record of roughly $27.96 (on MEXC) within about two hours, erasing close to $6 billion in market value; on-chain trackers said the dump moved largely through router and proxy contracts. Much of the destroyed FDV was measured against locked allocations that retail could not sell. [1]

## Founders and prior project

Reporting identifies LAB's founder as **Vova Sadkov** (@vsadkovv), a UAE-based developer, with a co-founder known as **Mark** (@tokensaler). A loan agreement obtained by ZachXBT was signed by **Vladimir Sadkov** as director of "The Lab Management Ltd", a British Virgin Islands company. The pair previously ran **Eesee** ($ESE), a gamified NFT marketplace that some investors said was abandoned. [3][2]

_Bracketed numbers refer to the numbered sources listed below._

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