Big Claim for the Analyst Who Pump-Dumps With These 8 Altcoins!

Lark Davis, a popular crypto analyst, has recently come to the fore with arguments that he is sharing various altcoin projects for his own benefit. Now, a new argument against Davis has emerged. It’s also about Celsius, which many have suffered with its collapse in recent months. Here are the details…

New arguments against altcoin analyst Lark Davis

ZachXBT, a ten chain crypto detective, reveals that crypto investor Lark Davis pulled $2.5 million from Celsius when promoting the platform. According to ZachXBT, Davis started withdrawing money long before rumors of Celsius trouble began to circulate. ZachXBT’s arguments are based on a financial report released yesterday by Celsius as part of the bankruptcy court case.

The report includes the names and processes of every Celsius user, including former Celsius CEO Alex Mashinsky and his wife, who collectively pulled $12 million from the platform in May 2022. According to the thesis, former CSO Daniel Leon had withdrawn $11 million. Much of the outrage centers around the argument that Davis introduced Celsius to his audience. Additionally, the revelations about Davis’s withdrawal of the Celsius investment were heated up in the wake of ZachXBT’s theses at the end of September.

Lark Davis sold eight altcoins As we reported, on September 29, 2022, ZachXBT revealed that Davis had sold eight new tokens that it had promoted to over 400,000 YouTube viewers. He claimed to have pocketed $1.2 million by selling these tokens unethically. His findings came after Davis identified his wallet address from an old YouTube image that Davis had added to his address to receive donations.

The crypto detective said that these sales have caused the prices of tokens with this small market cap to plummet. According to ZachXBT, Lark has acquired UMB, DOWS, SHOPX, BLES, BMI, XED, APY and PMON tokens. After receiving each of these tokens, Davis tweeted about them before selling them for profit. But in response to the arguments, Davis insisted that he was not a crypto “whale.” This meant that token sales were not large enough to cause token prices to drop significantly.

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