Unveiled Reportedly Shows Detailed Layout of Mr. Beast's Cryptocurrency Pockets
A group of cryptocurrency detectives have disclosed a chart displaying MrBeast's supposed digital wallets. The investigators claim that the YouTube figure is connected to around 50 cryptocurrency wallets and has made approximately $23 million from them, employing underhand tactics such as pump-and-dump schemes.
MrBeast, whose genuine name is Jimmy Donaldson, has been going through a challenging period lately. The YouTube star is dealing with a sequence of allegations, including charges of selling spoiled cheese to children, disclosed company group chats supposedly sent to the FBI, and an ongoing lawsuit filed by contestants of his impending Amazon show. There's a clear anti-MrBeast sentiments in certain corners of the internet, and the investigation into his digital wallets is merely the latest instalment.
The group responsible for mapping MrBeast’s digital wallets are Kasper Vandeloock, SomaXBT, hxnterson, angelfacepeanut, and rfparson. They published the investigation on a new platform that depicts itself as a “work in progress” that “focused on releasing the MrBeast article.”
Vandeloock and the others are well-known figures in the crypto community, and the investigation appears to be a detailed examination into Donaldson’s crypto finances. “Their findings suggest a long history of insider trading, misleading investors, and utilizing his influence to promote tokens, only to later release them on the markets,” the investigation stated. “This document delves into the various tokens associated with these allegations and the insider trading claims, starting with identifying the wallets tied to MrBeast.”
The investigation is both captivating and impenetrable. For readers who aren’t already familiar with crypto, it'll be tough to understand. At first look, it appears that Vandeloock and the others have the evidence here. They’ve drawn up a complex network of connections between known MrBeast wallets and other crypto assets on the blockchain.
There are pictures of Donaldson partying with cryptocurrency entrepreneurs, grand announcements of him associating with various crypto schemes, and screenshots of tweets, text messages, and DMs that show Donaldson interacting with crypto individuals. The investigation is a jumble of charts, graphs, and lengthy strings of figures. It requires a working knowledge of cryptocurrency to decode.
According to the investigation, MrBeast repeatedly invested large sums of money into cryptocurrency projects during their pre-sale period and earned substantial returns. Crypto is a challenging business to make profits in, and the investigation pointed out that Donaldson wins more often than he loses, especially for someone who isn’t doing it full-time.
The claim is that Donaldson had relationships with the founders of different up-and-coming crypto projects. The investigation follows these connections and displays how Donaldson-connected wallets invested heavily in various crypto schemes he backed.
“With MrBeast’s track record of consistently hitting large returns whilst being a full-time content creator and owning various businesses, there is an extremely high likelihood that his success in cryptocurrency investing is not the result of sharp trading intuition but just knowledge of insider information, particularly related to upcoming brand deals and partnerships within his network, including figures like KSI, GaryVee, and LazarBeam,” it said.
It’s possible that this intricate network of digital wallets and transactions is, in fact, concealing some kind of fraud. Donaldson is a man who told TIME that he doesn’t consider himself rich and that his mother handles all the money. “I don’t have access to any of my bank accounts,” he told the magazine in February. “I have a CFO and everything, but [Parisher’s] the one who has access to the master bank account.”
But if there’s a smoking gun in this crypto investigation, it’s only being noticed by individuals with crypto eyes. It might be that Donaldson’s “aw-shucks” attitude and presentation as a North Carolina boy made good is masking a hidden crypto empire. But it’ll sure need someone more skilled in crypto scam forensics (like the SEC) to decipher it.
Donaldson has other issues to handle. In September, five contestants on his upcoming Amazon show sued him. Beast Games, as the show is called, is a spin-off of Squid Games and puts contestants through various hardships with the promise of winning $5 million. The lawsuit alleged that Donaldson’s team subjected the contestants to chronic mistreatment and sexual harassment.
Earlier this year Donaldson teamed with Logan Paul and KSI to launch Lunchly, a Lunchable-style snack. As the food hit stores, people online began to post videos of them finding spoiled cheese inside. YouTube baking star Rosanna Pansino, who has a long-running feud with MrBeast, published a video earlier this month of her opening up a moldy Lunchly and it escalated the allegations. The FDA told TMZ that it had received 10 complaints about mold in Lunchlies.
On October 27, Pansino also claimed she’d contacted the FBI regarding MrBeast. Pansino’s new claim centers around a Telegram channel she alleges is a MrBeast company workchat. Pansino published a seven-minute video on X that scrolls through the chat, highlighting the off-color memes and jokes shared between the participants.
MrBeast did not respond to Gizmodo’s request for a comment.
The investigation conducted by Kasper Vandeloock and others on the new platform suggests that technology and tech-savvy tactics, such as insider trading and promoting tokens, played a significant role in MrBeast's cryptocurrency earnings. As the investigation delves into various tokens and wallets tied to MrBeast, it highlights the future potential of using advanced technology to uncover financial misconduct.
The claims against MrBeast, including those related to his crypto activities, have generated substantial attention and criticism on the internet, indicating that the future of technology in investigations and public scrutiny is increasingly influential.
