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Here’s a supposedly comprehensive map of Mr Beast’s cryptocurrency wallets

Posted on by Gerres
Here’s a supposedly comprehensive map of Mr Beast’s cryptocurrency wallets

A group of crypto detectives has published a map of Mr Beast’s alleged cryptocurrency wallets. Investigators say the YouTuber is connected to 50 cryptocurrency wallets and made approximately $23 million from them using a number of questionable 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 accusations of selling moldy cheese to children, company group chats allegedly sent to the FBI and an ongoing lawsuit from contestants on his upcoming Amazon show. There is a clear anti-Mr Beast mood in some circles of the Internet, and the investigation into his cryptocurrency wallets is just the latest salvo.

The the team that mapped Mr Beast’s cryptocurrency wallets are Kasper Vandeloock, SomaXBT, hxnterson, angelfacepeanut and rfparson. They published an investigation on new website which describes itself as a “work in progress” that made “getting the Mr. Beast article out there a priority.”

Vandeloock and others are well-known figures in the crypto world, and the investigation appears to involve a deep dive into Donaldson’s crypto finances. “Their findings suggest a long history of insider trading, misleading investors and using their influence to promote tokens and then dump them on the markets,” the investigation said. “This document details the various tokens associated with these allegations and insider trading claims, starting with the identification of wallets associated with MrBeast.”

The investigation is both compelling and impenetrable. For readers who are not already well versed in the ins and outs of cryptocurrencies, this will be difficult to parse. At first glance, it seems like Vandeloock and others have some good stuff going on here. They have developed a complex web of connections between known Mr Beast wallets and other crypto assets on the blockchain.

There are photos of Donaldson partying with cryptocurrency entrepreneurs, large, flashy public service ads in which he announces his affiliations with various crypto programs, and screenshots of tweets, text messages, and DMs that show Donaldson interacting with cryptocurrency people . Investigation is a mess of charts, graphs and long strings of numbers. Practical knowledge of cryptocurrencies is required to decipher.

According to the investigation, Mr. Beast repeatedly invested large amounts of cash in cryptocurrency projects during the pre-sale period and made huge profits. Crypto is a tough business to make money in, and the investigation found that Donaldson wins more than he loses, especially for someone who doesn’t do it full-time.

It was alleged that Donaldson had relationships with the founders of various up-and-coming crypto projects. The investigation traces these connections and shows how wallets linked to Donaldson invested heavily in various crypto schemes he supported.

“Given Mr. Beast’s track record of consistently making large profits as a full-time content creator and various business owner, it is extremely likely that his cryptocurrency investing success is not the result of sharp trading intuition, but simply knowledge of insider information, especially related to upcoming brand deals and partnerships within its network, including the likes of KSI, GaryVee and LazarBeam,” it said.

It’s possible that this complicated nest of cryptocurrency wallets and transactions is actually masking some type of fraud. Donaldson is a man who he told TIME that he doesn’t consider himself rich and that all his money is managed by his mother. “I don’t have access to any of my bank accounts,” he told the magazine in February. “I have a CFO and everything, but this (parishioner) has access to the main bank account.”

But if there is a clue in this cryptocurrency investigation, only people who have eyes for cryptocurrencies can see it. Perhaps Donaldson’s “terrible” attitude and presentation as a good-doing North Carolina boy mask a sinister crypto empire. But it will take someone more skilled in crypto fraud forensics (e.g. SEC) to decipher this.

Donaldson has other problems on his mind. Five contestants on his upcoming Amazon show in September sued him. Beast Games, what’s the name of this show, there’s a riff going on Squid games and puts contestants through a variety of grueling challenges with the promise of winning $5 million. The lawsuit alleged that Donaldson’s team subjected players to chronic mistreatment and sexual harassment.

Earlier this year, Donaldson partnered with Logan Paul and KSI to launch Lunchly, a lunch-style snack. Once the food hit store shelves, people started posting videos of themselves finding moldy cheese inside. Rosanna Pansino, a YouTube baking star who has long had a feud with Mr. Beast, posted a video of herself opening a moldy Luncheon earlier this month, adding to the allegations. The FDA told TMZ it received it 10 complaints about mold in Lunchlies.

On October 27, Pansino also stated that she had contacted the FBI regarding Mr. Beast. The center of Pansino’s new claim is a Telegram channel that she says is Mr Beast’s work chat. Pansino posted a seven-minute video on X that scrolls through the chat, highlighting inappropriate memes and jokes shared between participants.

Mr. Beast did not respond to Gizmodo’s request for comment.