YouTube Megastar MrBeast Allegedly Profited Over $23 Million Through Cryptocurrency Insider Trading, Investigation Reveals

A collaborative investigation by a few crypto analysts has mapped an intricate web of over 50 wallets allegedly controlled by the content creator.

YouTube sensation MrBeast has come under fire following a bombshell report by a team of blockchain investigators, who claim that the content creator has quietly profited over $23 million through a network of cryptocurrency wallets and insider trading activities.

A group of crypto analysts have meticulously mapped an intricate web of over 50 wallets that are allegedly controlled by MrBeast, revealing a pattern of substantial profits being made from multiple crypto projects before their collapse.

The investigation, which began earlier this year, has uncovered a vast network of wallets that are linked to MrBeast's crypto activities. According to the investigators, the wallets were used to receive presale token allocations, which were then sold on exchanges for a substantial profit.

The findings, which were shared on Twitter by several crypto analysts, indicate that MrBeast's alleged activities spanned several months and involved some of the biggest crypto projects of 2021.

The largest single profit was reportedly made through SuperFarm (now SuperVerse), where blockchain records show a $100,000 investment was turned into over $11.4 million through carefully timed sales across multiple wallets.

The investigators also used network analysis to identify connections between MrBeast and other influential figures, such as KSI and Alex Becker.

According to leaked messages that were obtained by the investigators, these individuals were part of private groups where information about upcoming projects was shared before being publicly announced.

The investigators also found that most of the projects that were involved in the investigation went on to suffer devastating losses after the identified wallets sold their positions.

For example, the investigation found that MrBeast sold his SuperFarm tokens for an average price of $0.40, while the token went on to trade as low as $0.0002 by the end of 2022.

The investigators also noted that MrBeast's involvement in the crypto projects was often subtle, with his massive social media following of over 320 million subscribers being used to quietly promote the projects.

This typically involved following project accounts or making brief promotional mentions that coincided with selling activities.

The investigation also revealed a sophisticated system of wallet management, with MrBeast's primary wallet serving as the central hub for receiving token allocations, which were then distributed to secondary wallets for coordinated selling.

Specific wallets were also designated for “farming” operations, with regular transfers being made to major exchanges including Binance and Gemini. The investigation also identified shared deposit addresses that connected multiple wallets within the network.

The investigators also noted that the investigation is still ongoing, with new wallet connections and transaction patterns being uncovered on a regular basis.

However, they emphasize that their conclusions are based on blockchain analysis and are alleged and not proven.