ZachXBT accuses four crypto influencers of market manipulation
Blockchain analyst ZachXBT accused crypto influencers TraderSZ, Trader_XO, TraderNJ1, and PetaByte of scamming. Expert claims that they fraudulently obtained tokens, inflated their price, and sold them. His investigation consists of two parts. In the first one he covers the actions of TraderNJ1 and PetaByte who used other people’s names to obtain (CompanionBot) CBOT and (Baby Shiba Inu) BABYSHIB tokens. 1/ Part 1 of an breakdown into how @TraderNJ1 @PetaByteCapital have deceived multiple projects by leveraging the names of other influencer to obtain free tokens from CBOT and BABYSHIB to dump on followers undisclosed. pic.twitter.com/BllmaDzDO5 — ZachXBT (@zachxbt) September 10, 2023 These coins were allocated 8% and 3.5% of the supply, respectively. Both influencer s claimed that these tokens would increase in value by 10-20x. You might also like: One wallet conducted 114 meme coin scams, ZachXBT’s findings After the asset price soared, traders drained their...