Woofun AI reports that addresses associated with the LAB team deposited 18.4 million LAB tokens, valued at approximately $18.3 million, into Aster and subsequently sold them on decentralized exchanges over a 48-hour period. This selling pressure caused the LAB token price to decline by roughly 54%, dropping from $1.2 to $0.55.

The investigation indicates the entity received over 196 million LAB tokens from the team in April 2026, with significant portions transferred to Bitget deposit addresses. After remaining dormant, funds were moved to Aster for sale. The analyst highlighted previous concerns regarding opaque private placements and the team's control over more than 95% of the total supply, while noting that Bitget, Binance, and Gate did not intervene despite the apparent market manipulation.