ZachXBT accuses RAVE token of “pump and dump” and offers a $10,000 reward for information
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Jinse Finance reported that "on-chain detective" ZachXBT posted on platform X stating that the RAVE token is involved in pump and dump activities. He indicated that these manipulations might be led by insiders who control more than 90% of RAVE's liquidity, resulting in continuous exploitation of retail investors. Additionally, ZachXBT announced he would offer a reward of up to 10 thousand US dollars out of his own funds to encourage whistleblowers to anonymously submit relevant evidence, aiming to expose the specific individuals involved in the incident.
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