Simon Dedic, founder of Moonrock Capital, recently stated that he received a tip-off from an industry insider regarding allegations of market manipulation and unfair practices related to the 'LAB' project.

The four core allegations regarding LAB, as pointed out in the tip-off, are as follows.

First, the arbitrary alteration of the vesting schedule for the purpose of inflating the price. It was found that the token vesting schedule, which had been previously promised to investors, was unilaterally postponed to August.

Second, allegations of collusion to maintain its listing on a CEX (Centralized Exchange). This included circumstances suggesting that the listing is being maintained in exchange for providing LAB tokens to the exchange for free.

Third, the involvement of market manipulation groups. It has been pointed out that the market maker currently leading the pumping of the LAB coin is the same entity that manipulated the price of the 'MOVE' coin in the past.

Fourth, allegations of blocking OTC (Over-The-Counter) trading for general early investors and dumping holdings. The foundation is reportedly in exclusive negotiations with a specific OTC desk to sell off its own holdings over-the-counter first, and in this process, it is blocking OTC trades by general investors.

In relation to these controversies, Mike Dudas, co-founder of the crypto-focused media outlet The Block and the crypto investment firm Sixth Man Ventures, strongly criticized, stating, "Binance and other Asian CEXs are making it impossible to create a rational market structure."