Informed Crypto News
ZachXBT reveals wallets of analyst Murad Mahmudov, angers memecoiners
Headline, ZakXBT reveals wallets of analyst Murad Mahmudov, anger's meme coiners, published at 635PM UTC October 9th, 2024 on Protos.com. Cryptosluth ZakXBT has rilled up the Memocoin community after exposing the holdings of Murad, a microcap meme coin promoter with a following on X, formerly Twitter, of more than 200,000 users. The well-known investigator shared the details of 11 wallets he believes belonged to Murad Mahmudov and noted they collectively hold roughly $24 million in Memocoins. He claimed the wallet reveal would allow the community to monitor Murad's future activity and added that Murad is making "very bold predictions about microcap meme coins to thousands and thousands of followers while controlling the supply. People deserve to make more informed decisions about the coins they buy," he said. Murad, who previously owned a failed Bitcoin fund called Adaptive Capital, is trending in the Memocoin community after he gave a speech during token 2049 about a Memocoin supercycle. ZakXBT's post received a serious amount of backlash from multiple meme coin influencers and sparked a debate on Memocoin promotion. Multiple ex-users accused him of doxing Murad while some claimed the wallet reveal put Murad in significant danger. However, many other crypto enthusiasts have pointed out that the very nature of the blockchain means that all this information was already public knowledge. Many ex-users also noted that Murad has shared his purchases online before. Last weekend, ZakXBT also upset Memcoin fans after he argued with popular crypto influencer Ansem over his promotion of them. During the debate, Ansem asked, "Why is talking about low caps considered grifting?" In response, ZakXBT noted that Ansem regularly rotates between shilling different Memcoins to his 600,000 followers. He added, "I do not pump and dump hundreds of low cap coins to my 600k followers. I actually help people in the space by solving hacks, getting criminals arrested, and recovering funds from victims." Indeed, after today's Murad expose, Ansem posted Team Murad to which ZakXBT replied, "Team grifter." This recording was AI-generated. Get more crypto news at protos.com