ZachXBT intensified allegations that Bitget and its founder Shawn Liu enable scam and market-manipulation activity. He cited on-chain data showing wallets linked to the LAB team moved ~96 million LAB (~$63M) into Bitget ahead of a ~350% price surge over 72 hours, publicly challenged Bitget CEO Gracy Chen to respond, named LAB founder Vova Sadkov as the alleged architect, and offered a $10,000 bounty for proof. Bitget and Shawn Liu had not responded at publication.

ZachXBT publicly named Shawn Liu as the behind-the-scenes operator and accused exchanges (and Bitget specifically) of profiting from manipulated tokens; he presented on-chain evidence that wallets linked to the LAB team moved ~96 million LAB (~$63M) into Bitget before LAB rose ~350% over 72 hours, challenged CEO Gracy Chen to act, named LAB founder Vova Sadkov, and offered a $10,000 bounty; Bitget and Shawn Liu had not responded at publication.