Investigations Launched into RAVE Token's 4,500% Price Surge Amid Allegations of Insider Involvement
Two prominent cryptocurrency exchanges, Binance and Bitget, are examining the trading activity surrounding the RAVE token after allegations surfaced that insiders manipulated the market, leading to a substantial price surge. The claims, made by on-chain analyst ZachXBT, suggest that a large short squeeze was orchestrated, resulting in the token's value skyrocketing. In response, Bitget's CEO, Gra…
April 18, 2026, 4:46 p.m.