Crypto Influencer Scandal: Zopp0 Exposed for Million-Dollar Scams

On-chain analyst ZachXBT has uncovered new details about a figure named “Zopp0,” who allegedly ran multiple crypto scams. The projects—known as SCALE, NTD, TPU, and OPSEC—are said to have manipulated the market with the help of influential bots and social media personalities.

How did this ‘shadow’ work? Here are the details.

Using Influencers to Drive a Dark Agenda

Leaked messages reveal that Zopp0 worked with popular crypto influencers, including CryptoGodJohn, CryptoKazi, and Luke Belmar, to promote these projects. These influencers endorsed the projects, even though many lacked solid technical support. As a result, investors lost significant amounts, with some projects losing over 90% of their value in a single day.

According to the leaks, Zopp0 took careful steps to stay anonymous while promoting his projects. He hired well-known influencers to present these ventures publicly and even paid for negative coverage of competitors’ projects.

And there’s no accountability here. Zopp0’s approach included dismissing the importance of solid technical foundations—a decision that ZachXBT openly criticized in March 2024, suggesting it weakened the projects’ credibility.

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The Impact of ZachXBT’s Exposé

After ZachXBT’s public warnings about these projects on March 20, 2024, messages show Zopp0 and his partner SZB became anxious about potential consequences. They feared their lack of technical expertise would eventually expose them and even considered handing over SCALE’s management to third parties.

In a further move to protect their identities, they hired undercover teams to spread “FUD” (fear, uncertainty, and doubt) about competing projects.

Protecting Investor Interests

ZachXBT initially held back from fully disclosing the messages, fearing backlash from aggressive investors and pushback from well-paid influencers. However, now that three of Zopp0’s projects have been revealed as “rug pulls,” ZachXBT has shared the full extent of the manipulation, bringing the issue into the spotlight.

These revelations have shaken confidence in the crypto market. Many investors suffered substantial losses, prompting calls for greater accountability, especially given the power social media influencers wield in promoting cryptocurrency projects.

What are your thoughts on this crypto scandal? Share your opinions.