MrBeast, with over 320 million subscribers across his main and side channels, is one of the most popular YouTubers and has recently faced public criticism due to various controversies. Allegations have emerged regarding fake videos, running illegal lotteries, and employees with questionable backgrounds. Additionally, MrBeast‘s connections to cryptocurrency have also become a target of criticism.
A team of researchers has conducted a more detailed analysis, uncovering over 50 cryptocurrency wallets linked to MrBeast. The findings suggest a long history of insider trading, misleading investors, and using his influence to promote tokens, only to later dump those tokens on the market. This document examines the various tokens associated with these allegations and insider trading claims, starting with identifying the wallets connected to MrBeast.
Mapping Out MrBeast
MrBeast’s main wallet address is 0x9e67D018488aD636B538e4158E9e7577F2ECac12, from which multiple side wallets often branch off. As noted in this tweet, he has publicly revealed his wallets on several occasions, such as when he announced his purchase of CryptoPunks.
According to these allegations, MrBeast has conducted transactions across various networks that could affect investors. A comprehensive analysis has been conducted, and we have compiled some of the most notable wallet addresses and transaction histories for you.
ERN (Ethernity Chain)
Ethernity Chain was launched in 2021 as a platform dedicated to verifying the authenticity of NFTs, providing a secure marketplace for trading digital collectibles. The platform quickly gained attention through exclusive collections endorsed by celebrities like Muhammad Ali and Pelé. Built on Ethereum, Ethernity provided users with a trustworthy space for NFT transactions.
MrBeast‘s brand was used on the ERN website. MrBeast acquired a large amount of tokens from the ERN pre-sale and then accumulated some more tokens. He transferred approximately half of his ERN tokens to the address 0x2eB7 and the remaining tokens to the address 0x9b00. Shortly after, these two wallets sold their tokens, generating a total return of $1,835,033. Five months later, MrBeast received his next allocation of tokens and sold them on the market, earning $2,976,277. A few months later, he received a smaller unlock and held onto those tokens.
2021-03-08: MrBeast‘s main wallet 0x9e6 receives 72k ERN tokens from the pre-sale (worth $458,000 at the time).
2021-03-08: MrBeast purchases a total of $128,000 worth of ERN in three transactions.
2021-05-03: MrBeast transfers 35k ERN tokens to his side wallet 0x2eB7d3c6b31b70a480D4aF1BD8cD05c1b10d38d6 (worth $647,000 at the time).
2021-05-04: MrBeast’s 0x2eB7 wallet begins selling all of its assets, emptying the wallet within a day. The 0x2eB7 wallet profits $857,062 from this transaction.