Articles
Crypto Market Analysis

ZachXBT says fake X accounts used viral war content to drive crypto scams

User Image

Door Anoniem

Gemaakt March 23, 2026|2 minuten leestijd
Main Image

ZachXBT said the network of fake X accounts used AI to impersonate influencers and post sensational content, generating millions of views and six-figure profits from crypto scams.

Blockchain sleuth ZachXBT said on Monday he uncovered a coordinated network of accounts on X using exaggerated or fake war and geopolitical posts to lure users into crypto scams.

The investigation identified more than 10 linked X accounts allegedly purchased with follower bases that pushed sensational content and scam links, according to an X thread and screenshots shared by ZachXBT.

The fake accounts used AI to impersonate prominent social media influencers such as Mario Nawfal, flooding X with “doomposts” and driving engagement before promoting fake crypto giveaways and pump-and-dump token schemes. “Onchain evidence suggests the scheme profited six figures,” ZachXBT said, adding that the group has been farming engagement and may be preparing another scam.

The report highlights the persistent problem of fake accounts and bot activity on social media platforms like X, even as the company says it is taking steps to combat such behavior.

According to ZachXBT, the scheme started with accounts that had existing followers. These accounts repeatedly posted exaggerated war or political content, often sensational or misleading, which quickly went viral and attracted millions of views.

Once attention peaked, the fake accounts pivoted to promote fraudulent token giveaways or scam tokens. One such promotion involved the pump-and-dump crypto scam referred to as Oramama on Feb. 22, ZachXBT noted.

ZachXBT spotted numerous large accounts in the replies and quotes that fell for the engagement bait, only to boost the post’s reach unknowingly.

The revelation comes as social media platforms like X have been trying to clamp down on bots and scam activity.

Last month, X’s product chief Nikita Bier announced enhanced anti‑bot detection and removal measures, along with user flags for AI‑generated content, as part of broader efforts to curb automated spam and misinformation.

Still, the ZachXBT findings expose how quickly coordinated accounts can build engagement and mislead users.

Related: Coinbase-backed CoinDCX founders questioned in fraud case: Report

The investigator suggested that platform manipulation should lead to bans and legal consequences, calling social media users to review recent posts and account details before engaging with any content.

ZachXBT also shared a list of X users he believes to be involved in the scam in case they change usernames or deactivate their accounts.

Magazine: Are DeFi devs liable for the illegal activity of others on their platforms?

Source: CoinTelegraph


Andere artikelen die recentelijk zijn gepubliceerd

A $1.1 million crypto card hack crashed a neobank's token 49%
A $1.1 million crypto card hack crashed a neobank's token 49%

Crypto Market Analysis

The exploit caused the neobank's AVICI token to drop 49% from a 24-hour high, hitting a record low b...

Stellar tokenized RWA market more than quadruples to nearly $4B
Stellar tokenized RWA market more than quadruples to nearly $4B

Crypto Market Analysis

Stellar’s real-world asset market has expanded rapidly this year as institutional adoption and tok...

Polygon discloses security flaws fixed in recent hard forks
Polygon discloses security flaws fixed in recent hard forks

Crypto Market Analysis

The vulnerabilities posed denial-of-service and validator resource risks but were patched before Pol...

Tokenized assets are busier than the data shows
Tokenized assets are busier than the data shows

Crypto Market Analysis

When you strip out what was never mobile, correct for who's holding what and why, add back what work...

The next trillion-dollar currency may not be a stablecoin — it might not even have a name yet
The next trillion-dollar currency may not be a stablecoin — it might not even have a name yet

Crypto Market Analysis

AI agents are coming. They will need to pay each other. Crypto executives agree on the problem but d...

Swift’s $1.5 quadrillion network faces a blockchain test
Swift’s $1.5 quadrillion network faces a blockchain test

Blockchain

Crypto executives say new blockchain payment infrastructure could make Swift obsolete. Bankers say i...