ZachXBT accuses the RAVE token of "pump and dump" and claims the source is suspected to come from three CEXs

On-chain detective ZachXBT posted on platform X that the pump and dump behavior of the RAVE token ($RAVE) is suspected to originate from three CEXs: Bitget, Binance, and Gate. He called for these CEXs to strengthen internal investigations and accountability and to expel the responsible parties. ZachXBT stated that the manipulation may be led by internal personnel, controlling over 90% of RAVE liquidity, thereby continuously harvesting retail investors.

In addition, ZachXBT announced that he would personally offer a reward of up to $10,000 to encourage informants to anonymously submit relevant evidence to expose the specific entities involved in the incident.