Bitget Faces ZachXBT Firestorm After $480M LAB Withdrawals

May 12, 2026 - 14:15
Bitget Faces ZachXBT Firestorm After $480M LAB Withdrawals
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitget is facing renewed scrutiny after Lookonchain reported that ten fresh wallets withdrew 100 million LAB tokens, worth about $480.33 million, from the exchange over a 12-hour window. The transfers represented 32.26% of LAB’s circulating supply, according to the on-chain tracker, adding...

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