Coffee Zilla, a YouTube investigative journalist, is known for deeply investigating influencer-driven scams and suspicious financial schemes. He has released a detailed video investigating Mr. Beast's involvement in the cryptocurrency business.
In this exposé, Coffee Zilla examines the financial gains Mr. Beast has made from his cryptocurrency investments. He raises serious allegations of insider trading and profit-seeking through public platforms. However, Mr. Beast's team has refused to provide detailed responses and has instead issued a carefully worded legal statement.
YouTube Journalist Coffee Zilla Investigates Mr. Beast Fraud Allegations
According to Coffee Zilla, this complex story blurs the line between "suspicious" and outright "illegal." The investigation was triggered by claims circulating online.
Some allege that Mr. Beast has earned $23 million through manipulative and deceptive practices. Known for thorough research and fairness, Coffee Zilla has reached out to various sources—researchers, cryptocurrency project leaders, and even Mr. Beast himself.
According to Coffee Zilla, the allegations stem from two main sources. The first is a report by SomaXBT, which claims that Mr. Beast sponsored low-cap cryptocurrency Tokens and made over $10 million. These Tokens later crashed in value.
"An investigation into Mr. Beast, alleging that he made over $10 million by sponsoring low-cap IDO cryptocurrency Tokens that were promoted by influencers like Lark Davis, CryptoBanter, KSI, etc. Many of these projects have since crashed over 90%, with some rebranding after large losses," SomaXBT shared on X (formerly Twitter).
Another group, look.io, claims that he has made more money through fraud, suspicious trades, and his network. While some allegations may appear exaggerated, Coffee Zilla says there is credible evidence supporting other claims, making it difficult to reach a single, definitive conclusion.
Traces of Insider Trading and Suspicious Tweets
Coffee Zilla begins analyzing specific cryptocurrency projects that Mr. Beast is known to have been involved in. According to the reports, Mr. Beast invested in these projects and then publicly promoted them while secretly selling his own stake. This led some to believe he engaged in unethical or illegal market manipulation.
For example, Coffee Zilla discusses leaked screenshots showing Mr. Beast's involvement in the Super pre-sale. The image suggests that Mr. Beast invested $100,000 and eventually cashed out over $10 million. Coffee Zilla points out that Mr. Beast tweeted about Super twice, with one tweet suspiciously close to the timing of his connected wallet selling the Tokens.
In another tweet, he referred to the project's value as "super," responding to comments about the Token's potential growth. Coffee Zilla suggests this may have influenced Mr. Beast's followers to buy while he was secretly liquidating his investment, potentially creating a conflict of interest.
According to Coffee Zilla, a similar pattern is repeated with the cryptocurrency Earnity Chain. Mr. Beast's name was prominently featured on the Earnity Chain website. He even promoted a Non-Fungible Token (NFT) charity auction to support his "Team Seas" initiative.
However, records show that his estimated wallet sold hundreds of thousands of Earnity Tokens during the auction period. Coffee Zilla acknowledges that the charity auction itself did not perform well. Nevertheless, the investigator criticizes the timing, calling it a "terrible look" for Mr. Beast, known as a "philanthropist."
"Hard to Believe Mr. Beast's Innocence"
According to Coffee Zilla, one of the most complex elements of this story is Mr. Beast's involvement in cryptocurrency beyond his direct actions. The detective has uncovered a connection between Mr. Beast's investments and a cryptocurrency figure named Jason Williams.
Coffee Zilla found that Williams is connected to the same wallets associated with Mr. Beast's investments. The report states that he often promoted and sold Tokens related to Mr. Beast's name. This association could potentially absolve Mr. Beast of some responsibility, but Coffee Zilla notes that the boundaries remain unclear.
Notably, Mr. Beast has at times publicly acknowledged his investments. He discussed purchasing CryptoPunks after a call with influencer Gary Vee, and this was also mentioned in his famous conversation with Logan Paul.
"So Mr. Beast has been very conscious of his decisions to buy and sell cryptocurrency, and in some cases, has been directly involved," Coffee Zilla concludes.
While Mr. Beast's team denies that he was directly involved in the trades, Coffee Zilla finds it difficult to believe that Mr. Beast was not involved at all.
Mr. Beast "All Investments Managed by Compliant Funds"
In response to these allegations, Mr. Beast's team has issued a statement. They claim that his investments were managed through funds that consulted industry experts and complied with all "appropriate regulations."
According to the team, Mr. Beast did not oversee the day-to-day trading. However, Coffee Zilla points out that the statement "takes no responsibility" and does not address the specific claims about Mr. Beast's tweets and sales.
Critics argue that Mr. Beast's brand has been used as a marketing tool for cryptocurrency projects, inflating their value and causing harm to retail investors. This is particularly problematic given Mr. Beast's reputation as a philanthropist and his vast following.
For Coffeezilla, the problem is not simply a legal one, but an ethical one. He says that while Mr. Beast's actions may not be criminal, they raise questions about his responsibility to his audience.
"For Mr. Beast and probably his fund, this is just business. They started to make a lot of money, and they made a lot of money—what's the problem, right?" Coffeezilla joked.
In fact, Coffeezilla's exposé vividly, if uneasily, reminds us of the blurry boundaries between reputation, finance, and influence.
