MrBeast accused of crypto controversies, Coffeezilla claims millions made through shady practices
James Stephen "Jimmy" Donaldson, known as MrBeast, is under scrutiny following allegations of involvement in cryptocurrency controversies. Investigative YouTuber Coffeezilla has claimed that MrBeast’s brand was tied to several tokens, such as SuperVerse, Ethernity, and XCAD, with millions allegedly earned through promotional ties and pre-sale trades. Coffeezilla labeled the actions as “wrong, stupid, and unethical,” though he clarified that direct evidence of illegal activity is yet to surface.
One significant allegation involves SuperVerse, where leaked communications suggest MrBeast invested $100,000 during the pre-sale and earned over $10 million by selling tokens. Similarly, his Rocket Fund was linked to Ethernity tokens sold during a charity auction tied to #TeamSeas, raising ethical questions about leveraging charitable efforts for profit. XCAD also saw heavy selling activity from a wallet linked to MrBeast’s team, though founder Oliver Bell attributed this to poor management by his crypto handlers rather than malicious intent.
Coffeezilla emphasized that MrBeast’s involvement in these crypto projects highlights the potential misuse of influential brands in speculative markets. However, he noted that it remains unclear how much MrBeast knew about these transactions or his role in the decision-making process. With limited responses from MrBeast’s representatives, Coffeezilla leaves it to the public to decide the ethical weight of these revelations.