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90% Insider Control, $25K Bounty

CryptoExpert by CryptoExpert
April 18, 2026
in Finance
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Coinpedia - Fintech & Cryptocurreny News Media
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Thailand SEC Proposes Bitcoin, ETH ETF Rules

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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.

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