Renowned blockchain investigator ZachXBT is once again at the center of controversy, having revealed the on-chain wallets of Murad Mahmudov, a well-known memecoin promoter.
ZachXBT Unveils Mahmudov's Wallets
ZachXBT, known for his investigations into crypto fraud, has shared details of 11 wallets allegedly linked to Murad Mahmudov. These wallets hold approximately $24 million worth of memecoins. ZachXBT's aim is to promote transparency around Mahmudov’s bold predictions concerning low-cap memecoins.
Community Reaction and Consequences
Crypto Twitter is abuzz with heated debate: some support ZachXBT’s actions, while others condemn them as potentially dangerous. Critics worry that such actions could endanger Mahmudov. ZachXBT argues that his actions provide followers with more informed investment choices.
Ongoing Memecoin Debate
Despite criticism, Mahmudov confidently promotes memecoins, asserting their potential to dominate the crypto landscape in the coming years. While he plans an exit strategy, including selling some of his holdings, Mahmudov shows no intention of leaving the sector anytime soon.
The debate over memecoins and the ethics of information disclosure continues. What is clear is that both ZachXBT and Mahmudov remain pivotal figures in this ongoing saga.