This is a must read for everyone and if I missed anything please feel free to add in the comments ⬇️ 4 part thread 🧵
I've observed numerous individuals accusing Changpeng Zhao (CZ), the founder of Binance, of misconduct, often driven by apparent jealousy or ulterior motives. However, many of these critics fail to self-reflect, as evidence suggests a significant portion are undisclosed paid promoters or shills affiliated with entities that have actively undermined the crypto ecosystem by draining liquidity. For instance, on-chain investigations have highlighted influencers promoting dubious projects, leading to substantial community losses.
You may want names, but there are so many to list, you’d have to do some research. They have platforms like ETHOS network where you’ll find these people as the top scored accounts as they use this as a weaponized tool to further fool the crypto space into thinking they’re good actors when in reality they’re scammers.
Many projects have been scammed for their marketing funds utilizing ethos as a tool to hide influencers and kols.
They have CT on lock, meaning it’s very hard to expose any of them because they’re very connected with VCs and big money behind them, if you speak up they’ll attack you and cancel you
The real scammers in the crypto space include those aggressively promoting projects like Monad, which has been accused of replicating core technologies from Aptos without proper attribution. Aptos, launched in October 2022 by former Meta Diem (formerly Libra) engineers, faced its own challenges with a token price drop from $13.73 at launch to around $5 by mid-2023. Monad, aiming for high-throughput Ethereum compatibility, sparked controversy in February 2025 when Aptos' Director of Research, Alexander Spiegelman, publicly alleged plagiarism of technologies like AptosBFT and BlockSTM, amid Monad's rising hype.
These same networks are linked to the $
LIBRA memecoin scandal, a token launched on February 14, 2025, and promoted in connection with Argentina's President Javier Milei. Hayden Davis, CEO of Kelsier Ventures, who met with Milei in 2024, was accused of orchestrating a pump-and-dump scheme. The token surged initially but collapsed, with researchers reporting $99 million in crypto withdrawn from related wallets by February 20, 2025, leading to fraud allegations and an Interpol red notice request against Davis in March 2025.
They are also the ones who heavily endorsed FTX as the premier centralized exchange (CEX) prior to its collapse in November 2022, often through sponsored content. Influencers and celebrities, including YouTubers and figures like Tom Brady and Larry David, faced a $1 billion class-action lawsuit in March 2023 for promoting FTX without disclosing compensation, contributing to investor losses estimated at over $11 billion from the exchange's failure.
These groups promoted the BOOP memecoin launchpad (boop fun) on Solana, which surged past a $500 million market cap shortly after its March 2025 launch but was criticized for enabling pump-and-dump schemes. Reports highlighted instances where tokens launched on the platform were manipulated, with developers and influencers accused of dumping holdings post-airdrop, leading to rapid value drops and community complaints of scams.
The same influencers pushed Blur, the NFT marketplace launched in October 2022, hailing its founder Pacman (Tieshun Roquerre) as a visionary. However, by July 2023, Blur was blamed for contributing to a broader NFT market slump, with critics arguing its airdrop incentives and trading mechanics drained liquidity—exemplified by a $40 million Azuki mint event that correlated with floor price drops across collections, costing the NFT community billions in aggregate value erosion from 2022 peaks.
Part 2 👇🏼