Like I use to say, “never meet your Heroes as they will always be a deception” it seems in this case the word fit like a glove. Mr. Beast one of the most popular YouTubers with more than 30 million followers is being investigated for inside trading.
He have been accused of making more than $23M engaging with inside trading with more than 50 wallets linked to him associated with the activity. Beast, who is famous on his enterprises as YouTuber helping to build schools for people, is now in the hot seat.
Mr. Beast have used his influence to pump and dump tokens and with his influence lure investors to buy tokens which he then selloff in the market with profit. Inside trading is a nefarious business activity and with his userbase he made millions using them as “tools to make profit”.
Influencers should be more careful when doing their outreach and not lure people to think what they're promoting is the “real deal” as anytime could be entering into an activity that harm people and be in the eyes of authorities. Remember:
CONTENT IS KING!
