{"id":31692,"date":"2024-10-31T11:20:24","date_gmt":"2024-10-31T08:20:24","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=31692"},"modified":"2024-10-31T10:13:00","modified_gmt":"2024-10-31T07:13:00","slug":"mrbeast-accused-of-altcoin-manipulation-suspicious-wallet-movements","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/mrbeast-accused-of-altcoin-manipulation-suspicious-wallet-movements\/","title":{"rendered":"MrBeast Accused of Altcoin Manipulation: Suspicious Wallet Movements!"},"content":{"rendered":"<p>MrBeast, who is known on YouTube with over 320 million subscribers, is also under heavy public criticism due to allegations in the crypto market. In addition to fake videos, problematic employees, and illegal lotteries, particular focus is on MrBeast&#8217;s crypto dealings. We detail the crypto events associated with MrBeast and the earnings he has obtained.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/mrbeast-accused-of-altcoin-manipulation-suspicious-wallet-movements\/#MrBeast_and_Crypto_Wallets_Tracing_the_Mysterious_Portfolio\" title=\"MrBeast and Crypto Wallets: Tracing the Mysterious Portfolio\">MrBeast and Crypto Wallets: Tracing the Mysterious Portfolio<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/mrbeast-accused-of-altcoin-manipulation-suspicious-wallet-movements\/#MrBeasts_Earnings_from_Crypto_Investments\" title=\"MrBeast\u2019s Earnings from Crypto Investments\">MrBeast\u2019s Earnings from Crypto Investments<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"MrBeast_and_Crypto_Wallets_Tracing_the_Mysterious_Portfolio\"><\/span><strong>MrBeast and Crypto Wallets: Tracing the Mysterious Portfolio<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-140009 size-full\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2024\/10\/Ekran-goruntusu-2024-10-30-210908.png\" alt=\"\" width=\"486\" height=\"806\" \/><\/p>\n<p>Researchers have reached over 50 crypto wallets allegedly belonging to MrBeast, finding strong evidence of insider trading. Preliminary findings suggest that MrBeast may have conducted \u201cpump and dump\u201d schemes that could mislead investors for multiple crypto tokens.<\/p>\n<p>One of the most striking examples involves the crypto wallet \u201c0x9e67D018488aD636B538e4158E9e7577F2ECac12,\u201d where he made purchases of tokens like ERN (Ethernity Chain) and then achieved high returns.<\/p>\n<p>MrBeast has reportedly made a large profit through Ethernity Chain (ERN), an NFT trading platform. It is claimed that MrBeast bought ERN tokens in the presale, then sold them after raising prices. In this process, revenue from a single wallet reached $4.65 million. He earned significant profits in 2021 by selling ERN tokens through three different sub-wallets.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-140010 size-full\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2024\/10\/Ekran-goruntusu-2024-10-30-211540.png\" alt=\"\" width=\"491\" height=\"456\" \/><\/p>\n<p>MrBeast\u2019s brand was featured on the ERN website. MrBeast took a large amount of tokens from the ERN presale, then accumulated more tokens afterward. About half of the ERN tokens were transferred to the 0x2eB7 address, with the remainder sent to the 0x9b00 address. Shortly after, these two wallets sold their tokens, yielding a total return of $1,835,033. Five months later, MrBeast took the next token allocation and sold them on the market, earning $2,976,277. A few months later, he received a smaller token release and held onto it this time.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-140011 size-full\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2024\/10\/Ekran-goruntusu-2024-10-30-211851.png\" alt=\"\" width=\"602\" height=\"420\" \/><\/p>\n<p>2021-03-08: MrBeast\u2019s main wallet 0x9e6 acquires 72k ERN tokens from the presale (then worth $458k).<\/p>\n<p>2021-03-08: MrBeast purchases ERN totaling $128k in three transactions.<\/p>\n<p>2021-05-03: MrBeast transfers 35k ERN tokens to sub-wallet 0x2eB7d3c6b31b70a480D4aF1BD8cD05c1b10d38d6 (worth $647k at the time).<\/p>\n<p>2021-05-04: MrBeast\u2019s 0x2eB7 wallet begins to liquidate all holdings within a day. This wallet earns a profit of $857,062 from the transaction.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-140012 size-full\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2024\/10\/Ekran-goruntusu-2024-10-30-211900.png\" alt=\"\" width=\"413\" height=\"327\" \/><\/p>\n<p>2021-05-04: MrBeast transfers 43k ERN tokens to sub-wallet 0x9b00 (then valued at $1.06 million).<\/p>\n<p>2021-05-04: Similar to the 0x2eB7 wallet, MrBeast\u2019s 0x9b00 wallet also sells all ERN assets within a day, making a profit of $977,971.5.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-140013 size-full\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2024\/10\/Ekran-goruntusu-2024-10-30-211909.png\" alt=\"\" width=\"491\" height=\"325\" \/><\/p>\n<p>2021-10-29: MrBeast\u2019s main wallet is allocated 181.8k ERN tokens (worth $2.04 million at that time).<\/p>\n<p>2021-10-30: MrBeast\u2019s main wallet 0x9e6 sells all ERN holdings, generating $2,976,277.<\/p>\n<p>2021-05-26: MrBeast\u2019s main wallet 0x9e6 receives an allocation of 54.5k ERN tokens (worth $117.5k).<\/p>\n<p>2024-10-18: MrBeast transfers assets to a new wallet (0x5ba), where they are currently held and have not yet been sold.<\/p>\n<p>After deducting the initial purchases, MrBeast&#8217;s total net profit from three wallets is $4,649,337.96.<\/p>\n<p>Insider Trading and Illegal Lottery Allegations<\/p>\n<p>Allegations surrounding MrBeast&#8217;s crypto portfolio are not limited to insider trading. Illegal lotteries and \u201cpump and dump\u201d strategies are also among the claims. He is said to have actively traded on exchanges like Gemini and Binance, achieving high profit rates.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"MrBeasts_Earnings_from_Crypto_Investments\"><\/span><strong>MrBeast\u2019s Earnings from Crypto Investments<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&#8211; SuperVerse (SUPER): $11.4 million<\/p>\n<p>&#8211; Ethernity Chain (ERN): $4.65 million<\/p>\n<p>&#8211; AIOZ Network (AIOZ): $1 million<\/p>\n<p>&#8211; Refinable (FINE): $193k<\/p>\n<p>&#8211; SHOPX (SHOPX): $484k<\/p>\n<p>&#8211; XCAD Network (XCAD): $287k<\/p>\n<p>&#8211; Jigstack (STAK): $1.31 million<\/p>\n<p>&#8211; Protocol Monsters (PMON): $1.724 million<\/p>\n<p>&#8211; Boson Protocol (BOSON): $614k<\/p>\n<p>&#8211; Standard Protocol (STND): $131k<\/p>\n<p>&#8211; Ally Direct (DRCT): $206k<\/p>\n<p>&#8211; Ternoa (CAPS): $682k<\/p>\n<p>&#8211; Metis (METIS): $659k<\/p>\n<p>MrBeast also holds token projects he has not sold yet, including PlayMetaGods (MGOD) and MetaWars (WARS).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MrBeast, who is known on YouTube with over 320 million subscribers, is also under heavy public criticism due to allegations in the crypto market. In addition to fake videos, problematic employees, and illegal lotteries, particular focus is on MrBeast&#8217;s crypto dealings. We detail the crypto events associated with MrBeast and the earnings he has obtained.<\/p>\n","protected":false},"author":23,"featured_media":31694,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[9202,9200,9204,9205],"class_list":["post-31692","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-ern","tag-mrbeast","tag-mrbeasts-crypto","tag-mrbeasts-earnings"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MrBeast Accused of Altcoin Manipulation: Suspicious Wallet Movements! - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/mrbeast-accused-of-altcoin-manipulation-suspicious-wallet-movements\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MrBeast Accused of Altcoin Manipulation: Suspicious Wallet Movements! - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"MrBeast, who is known on YouTube with over 320 million subscribers, is also under heavy public criticism due to allegations in the crypto market. 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