Other Protocols and Insider Trading Allegations

Other Protocols

Similar to SuperVerse and Ethernity Chain, MrBeast extended his investments to projects like AIOZ and Refinable, leveraging his massive social media presence and questionable practices. These ventures reportedly generated around $1.2M in profits.

AIOZ tracer (MrBeast made $1M)

Uniswap is utilized to swap $AIOZ

MrBeast following refinable (Made around $200k in profit)

Insider Trading Allegations

Beyond presale investments and pump-and-dump schemes, MrBeast has been implicated in alleged insider trading activities, with connections to notable figures like KSI, GaryVee, and LazarBeam. Projects including SHOPX, XCAD, JIGSTACK, Polychain Monsters, Boson Protocol, and Standard Protocol reveal a recurring pattern of substantial profits—unlikely for a content creator without insider information.

SHOPX

SHOPX is a RWA-based project that tokenizes products to reward their customers. In the past, it has been seen that this project has been pushed by a lot of people like TheCryptoLark, CryptoBanter, etc.

ZackXBT already analyzed this back in 2022 and somehow warned the people about these influencers using their presence for immoral things, which later turned out to be right.

Tweet1 by ZackXBT

Tweet2 where Lark is selling all the $SHOPX

But how do these things prove the connection of MrBeast with SHOPX? See below!

SHOPX tweet about MrBeast following them

On-chain activity reveals that MrBeast was also allocated $SHOPX in the pre-sale along with other influencers like Lark and KSI. It has been analyzed by SomaXBT too which he tweeted on his X.

The below tracer shows MrBeast wallet 0x9e67... received 607K $SHOPX on March 31st, 2021.

SHOPX Tracer

On receiving the token allocation, on April 9th, 2021, he sent his supply to the side wallet 0x7c1b16F59B1aB069D33CA93aB6CaF2D218A1b6D6. Tx Hash: 0x35bbb4e3b71fe9248d5636f6c167d34aa57a5db9a123b7f6108d85ec791cc189

Sending all supply to 0x7c1b...

0x7c1b.. was funded by MrBeast

Gradually, the side wallet sold all the supply within a short period and sent the rest of the remaining supply back to the MrBeast wallet.

Selling $SHOPX and returning rest of the tokens to MrBeast

MrBeast sold the rest of the supply too by the end of 2021 and he made a total profit of more than $480k.

Polychain Monsters (PMON)

Polychain Monsters ( Now Protocol Monsters) was a project used to create digital collectible monsters on the blockchain.

ZackXBT did a thorough analysis and wrote an article on this, mentioning the shady people involved in this and how it was meant to benefit the few. Also like the earlier project, there was a lot of promotion involved in pumping this project too, and this time it was KSI. Allegations have been made that MrBeast's investment in $PMON was out of KSI's promotional deal and insider information.

KSI tweet

KSI mentioning $PMON and $SUPER

Onchain activity clearly shows that MrBeast wallet received 25K and 68.75K $PMON, which he transferred to his side wallet 0x4f7B657a2cAe7A8808Df1D889838d5Da33007ae8.

PMON Tracer

MrBeast swapped $PMON and received $ETH using Uniswap

sent to 0x4f7b, which sent 3,813 $ETH to his main wallet 0x9e67d. In most of the protocols analyzed, MrBeast frequently relied on Uniswap to swap various tokens. The tracer above shows that the funds were swapped using Uniswap V2 and were sent to 0x4f7b... which sent 3,813 $ETH to his main wallet 0x9e67d...

The address 0x4f7b... has conducted 972 transactions and has received tokens in over 1,000 transactions.

The side wallet 0x4f7b... sold the $PMON in several hundred transactions, finally profiting around $1.7M.

0x4f7b... selling all the $PMON

Recurring Trends: Pump-and-Dump Allegations

All the aforementioned projects mentioned are tied to MrBeast, such as Standard Protocol ($STND) SHOPX, XCAD, JIGSTACK, Polychain Monsters, and Boson Protocol, exhibit similar trajectories:

• $STND: Down 99.5% from its peak.

• $SHOPX: Down 99.85% from its peak.

• $PMON: Down more than 99% from its peak

These patterns suggest a deliberate strategy to inflate token prices through influencer-driven hype, followed by large-scale liquidation, leaving retail investors at a loss.

While MrBeast’s ventures into blockchain projects like SHOPX and Polychain Monsters may have yielded millions in profits, the stark decline in token valuations and recurring patterns of token liquidation raise questions about ethical practices among people with high influence. Allegations of insider trading, paired with the exploitation of social influence, create a compelling case for deeper scrutiny of these activities.