ZachXBT Flags RAVE Token: 90% Insider Control, $25K Bounty

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The post ZachXBT Flags RAVE Token: 90% Insider Control, $25K Bounty appeared first on Coinpedia Fintech News

Crypto investigator ZachXBT has raised serious concerns about manipulation in the RAVE token. He said activity linked to Binance, Bitget, and Gate shows insiders controlling over 90% of supply and influencing price movements. He described coordinated pump and dump behavior targeting retail investors. ZachXBT also offered a $25K bounty for proof. Following the claims, Bitget CEO Gracy Chen confirmed that an internal investigation has started and promised action if misconduct is confirmed across exchanges globally now ongoing.