Investigating MrBeast

I investigated Mr. Beast, who faced accusations of making $23 million through insider trading and scams. I wanted to uncover the full story. To do this, I reached out to various sources: researchers, crypto projects, and even Mr. Beast himself. The situation is quite complicated.

Mr. Beast's actions, along with those of his team, appear shady. The key question is whether he crossed the line from shady to illegal. Opinions vary. Supporters of Mr. Beast will find excuses. Critics will see unethical behavior and exploitative actions for profit.

There are a couple of important points to note. First, I contacted Mr. Beast's team for fact-checking. They declined to answer my detailed questions and provided only a statement. Second, I have personal history with Mr. Beast. I previously interviewed him positively, but there's also a lawsuit from one of his co-founders against me.

Next, I'll outline the major allegations against Mr. Beast. They come from two sources. The first is an investigation by S xbt, which claims Mr. Beast made $10 million by promoting low-cap crypto tokens, which have since dropped 90%. The second investigation identifies $23 million in profits linked to scams and shady deals.

There are multiple crypto projects involved. I agree some allegations are serious, while others seem exaggerated. Some claims, such as those about Polychain Monsters, lack concrete evidence. I find the conclusions drawn about Mr. Beast's connections to KSI and Jigstack to be speculative at best.

The strongest claims arise from the project Super. Allegedly, Mr. Beast made over $10 million through a pre-sale investment. We have leaked messages confirming his involvement. Evidence shows he sent $100,000 to the pre-sale wallet and received millions in tokens shortly after.

What's troublesome is Mr. Beast's influence. He publicly associated with Super twice, suggesting it was undervalued while selling his tokens. I tried reaching Mr. Beast for clarification, but I only received a carefully worded statement claiming he had no control over the fund managing these investments.

Further complicating the situation, Mr. Beast mentioned in a podcast that he was involved in discussions about crypto punks. This raises questions about his actual role in decision-making. There are conflicting accounts regarding who controlled the trading and the timing of important tweets.

Moving on to another token, Earn or Aity Chain, there are similar issues. The team claimed they spoke with Mr. Beast's fund manager rather than Mr. Beast directly. They expressed dissatisfaction with the timing of token sales but acknowledged that no legal action could be taken.

Lastly, I will discuss the token XCAD. Mr. Beast was not heavily involved in promoting it like KSI. The excitement surrounding the investment was partly due to Mr. Beast's name being associated with the project. This created expectations among investors, but behind the scenes, Mr. Beast's team sold their XCAD tokens early.

Overall, Mr. Beast's crypto team seems to have capitalized on his brand for financial gain. Whether their actions were illegal remains uncertain and hinges on the unanswered questions surrounding Mr. Beast's knowledge and involvement. This complexity is further compounded by his lack of accountability in public statements. Ultimately, the implications of these events and Mr. Beast's reputation are left for others to judge.