Crypto

Night of Terror For Paid Crypto Influencers: ZachXBT Spotlights The Dirtiest Players in Crypto Twitter

Adam Forsyth


Once again, 2D crypto investigator ZachXBT shook the crypto Twitter space by revealing that more than 200 influencers had not disclosed their paid promotions.

A spreadsheet with how much they charge and links to wallets where they have received the funds makes it even spicier.

ZachXBT claims that at max, only five out of those 200 paid promoters disclosed their posts as ads.

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Who is ZachXBT? Why is Crypto Twitter in Turmoil?

ZachXBT started his journey in 2017. He started as a regular crypto trader, and not long into his journey, in 2018, he got hacked for $15K in ETH.

That initially pushed him to start searching and digging through Etherscan to find out what had happened. Without any finance background or working in tech, he used whatever public tools he had at hand to find relevant information about crypto hacks and scammers.

Later, his first big breakthrough was when he discovered the Rogue society, which minted over 15,777 NFTs.

Not long after, he exposed more bad actors from $70M Pixelmon disaster, who minted more funds to buy Bored Apes, to a phishing ring that stole $2.5M in BAYC NFTs.

But the big breakthrough happened when, in 2022, he made a series of reports about Machi Big Brother, who stole more than $37M in between 20+ wallets.

Then, Machi sued him for defamation, but that didn’t scare Zach off; instead, it pushed him to dig deeper and deeper for justice. Even crypto Twitter raised over $1M to support legal fees and lawsuit expenses against Machi.

Later, the lawsuit was dropped, and ZachXBT emerged victorious in this David & Goliath crypto story.

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Shills, Spreadsheets, and Zero Disclaimers: ZachXBT Blows Up Crypto Twitter’s Dirty Secrets

Crypto Twitter thrives on personalities who build cult-like followings, but the latest exposé shows just how grimy the game gets when hype meets undisclosed paychecks. And once again, ZachXBT is in the eye of the storm by revealing a spreadsheet with over 200 influencer names, complete with post pricing and wallet addresses.

It is divided into tiers, from 1, which are the highest paid shills, some exceeding $60k for a single post, to 5th, who get meezly $50 bucks. There is direct proof for some of the transaction receipts landing directly on Solana.

According to ZachXBT, less than 5 out of those 200 influencers are disclosing their deals, which brings a bad reputation to crypto among new retail traders, as the industry itself tries to mature into a mainstream financial asset class.

(Source – ZachXBT, X)

That is a massive deal because perception drives liquidity in crypto. Retail buyers often ape into tokens because their favourite KOL (Key Opinion Leader) tweeted a meme, not realizing the same KOL got paid to drop it.

When the insiders dump, the small guys eat the loss. Regulators like the FTC (Federal Trade Commission) already warned about this pattern: if you are paid to post, you’ve got to disclose it clearly.

Some are even pushing for FTC-compliant influencer whitelisting already.

In traditional markets, hiding paid promotions is a fast track to enforcement. But in crypto, it’s just another Tuesday, until someone like ZachXBT airs the laundry.

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Key Takeaways

  • Who is ZachXBT in the crypto world?
  • How ZachXBT leaked over 200 influencers for not disclosing their deals.

    • The post Night of Terror For Paid Crypto Influencers: ZachXBT Spotlights The Dirtiest Players in Crypto Twitter appeared first on 99Bitcoins.





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