By admin 
A group of crypto sleuths have released a map of Mr Beast’s alleged crypto wallets. The researchers claim that the YouTuber is connected to 50 cryptocurrency wallets and has made approximately $23 million from them using a series of shady techniques, including pump-and-dump schemes.
It’s been a bad few weeks for Mr Beast, real name Jimmy Donaldson. The YouTube star is dealing with a series of scandals, including allegations of selling moldy cheese to children, corporate group chats reportedly sent to the FBI, and an ongoing lawsuit filed by participants in his upcoming Amazon show. There is a clear anti-Mr Beast mood in the air in some circles of the internet and the investigation into his crypto wallets is just the latest salvo.
The team that mapped Mr. Beast’s crypto portfolios is Kasper Vandeloock, SomaXBT, hxnterson, angelfacepeanut and rfparson. They published the research on a new website which describes itself as a ‘work in progress’ that ‘prioritized getting the Mr Beast article out’.
Vandeloock and the others are well-known figures in the crypto world and the investigation appears to be a deep dive into Donaldson’s crypto finances. “Their findings indicate a long history of insider trading, misleading investors and using its influence to promote tokens, only to later dump them on the market,” the investigation said. “This document takes a closer look at the various tokens associated with these allegations and insider trading claims, starting with identifying the wallets associated with MrBeast.”
The research is both compelling and impenetrable. For readers who are not yet well versed in the ins and outs of crypto, it will be difficult to analyze. At first glance, it looks like Vandeloock and the others have the goods here. They have mapped out a complex web of connections between known Mr Beast wallets and other crypto assets on the blockchain.
There are photos of Donaldson partying with crypto entrepreneurs, big splashy public service ads announcing his association with various crypto schemes, and screenshots of tweets, texts, and DMs showing Donaldson interacting with crypto entrepreneurs. people. The research is a mess of charts, graphs and long strings of numbers. It requires a working knowledge of cryptocurrency to decipher.
According to the investigation, Mr. Beast repeatedly invested large amounts of cash in cryptocurrency projects during the pre-sale period and earned huge returns. Crypto is a tough business to make money in and the research found that Donaldson wins more than he loses, especially for someone who isn’t in it full-time.
The claim is that Donaldson had relationships with the founders of several emerging crypto projects. The research tracks these connections and shows how wallets connected to Donaldson invested heavily in various crypto schemes he supported.
“With Mr. Beast’s track record of consistently making big returns while being a full-time content creator and owning several companies, the likelihood is extremely high that his success in investing in cryptocurrency is not the result of keen trading intuition, but merely knowing prior knowledge. primarily related to upcoming brand deals and partnerships within its network, which includes figures such as KSI, GaryVee and LazarBeam,” the report said.
It’s possible that this complicated nest of crypto wallets and transactions is actually masking a form of fraud. Donaldson is a man who told TIME that he does not consider himself rich and that his mother controls all the money. “I don’t have access to my bank accounts,” he told the magazine in February. “I have a CFO and all that, but (Parisher) is the one who has access to the main bank account.”
But if there is anything to this crypto research, it will only be seen by people with an eye for crypto. It may be that Donaldson’s “aw-shucks” attitude and presentation as a North Carolina kid who has done good masks a sinister crypto empire. But it will take someone more skilled in crypto fraud forensics (like the SEC) to decipher it.
Donaldson has other issues to contend with. In September, there were five contestants on his upcoming Amazon show sued him. beast games, as the show is called, is a riff on Squid games and puts participants through a variety of grueling challenges with the promise of winning $5 million. The lawsuit alleged that Donaldson’s team subjected the participants to chronic abuse and sexual harassment.
Earlier this year, Donaldson teamed up with Logan Paul and KSI to launch Lunchly, a Lunchable-style snack. When the food hit store shelves, people started posting videos online of them finding moldy cheese. YouTube baking star Rosanna Pansino, who has long feuded with Mr Beast, published a video earlier this month of her opening a moldy Lunchly and it amplified the allegations. The FDA told TMZ it had received it 10 complaints about mold in Lunchlies.
On October 27, Pansino also claimed that she had contacted the FBI about Mr. Beast. At the center of Pansino’s new claim is a Telegram channel that she claims is a work chat of the company Mr Beast. Pansino published a seven-minute video on X that scrolls through the chat and highlights the off-color memes and jokes shared between participants.
I have reported my findings and my concerns to the authorities @FBI. Hopefully they will investigate these MrBeast Telegram Company Chats logs and other concerns. @Youtube @TeamYouTube #mrbeast
— Rosanna Pansino (@RosannaPansino) October 27, 2024
Mr. Beast did not respond to Gizmodo’s request for comment.