logo

ZachXBT accuses Spartans co-founder of involvement in the controversial project Blockdag

By: rootdata|2026/04/09 22:42:01
0
Share
copy

On-chain investigator ZachXBT posted on platform X, stating that Spartans co-founder Gurhan Kiziloz may be the mastermind behind Blockdag Network. The project raised over $300 million from retail investors through social media advertising and has been accused of unrealistic profit promises and misleading partnership promotions.

ZachXBT noted that the token sale of Blockdag has been ongoing for over two years, while gradually liquidating pre-sale funds through Middle Eastern over-the-counter (OTC) channels; during this period, Gurhan Kiziloz has been accused of high-end luxury spending, including luxury cars, real estate, and luxury goods. Relevant individuals have a significant amount of paid PR content in public information, and it was claimed that as early as October 2025, it was revealed that the management of Blockdag were "nominal leaders," with the actual controller being Gurhan Kiziloz, who later publicly admitted to his involvement.

ZachXBT stated that he has received feedback from at least 10 to 15 victims regarding financial losses and reminded the market to remain highly vigilant about projects related to Gurhan Kiziloz.

-- Price

--

You may also like

Naval personally takes the stage: The historic collision between ordinary people and venture capital

Naval personally stepped in as the chairman of the USVC Investment Committee. This SEC-registered fund launched by AngelList attempts to bring top private tech assets like OpenAI, Anthropic, and xAI to the general public with a $500 entry threshold. It is not just a new fund, but a structural experi...

a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins

Stablecoins are evolving from trading tools into universal payment infrastructure, and this process is quieter and more thorough than most people expected.

Refutation of Yang Haipo's "The End of Cryptocurrency"

This may be the true test of cryptocurrency. It's not about whether the price has reached a new high, nor about who will achieve financial freedom in the next bull market, but rather whether, after all the grand narratives have been washed away by cycles, it can still leave behind some simpler, more...

Can a hairdryer earn $34,000? Interpreting the reflexivity paradox of prediction markets

Prediction markets are essentially betting on reality, and when participants can access or even influence this path earlier, the market no longer just reflects reality but begins to shape it in return.

6MV Founder: In 2026, the "landmark turning point" for crypto investment has arrived

"I will deploy funds in 2026, so I will tell you this is the best year in history."

Abraxas Capital Mints $2.89 Billion USDT: Liquidity Boost or Just More Stablecoin Arbitrage?

Abraxas Capital just received $2.89 billion in freshly minted USDT from Tether. Is this a bullish liquidity injection for crypto markets, or is it business as usual for a stablecoin arbitrage giant? We analyze the data and the likely impact on Bitcoin, altcoins, and DeFi.

Contents

Popular coins

Latest Crypto News

Read more