Woofun AI reports that a team-associated entity is actively selling LAB tokens on the day of their scheduled unlock, contributing to a 99% decline in the asset's current price. The book value of this specific allocation share, which peaked at approximately $977 million, has depreciated to roughly $4 million. Specter alleges that this continuous selling pressure is driving further price erosion, characterizing the token's history as a manipulated pump-and-dump scheme. Despite public warnings from ZachXBT citing on-chain evidence of these activities, no exchange has implemented measures to halt or address the conduct.