Yesterday, a scammer received a comment from Binance founder Changpeng Chao and extorted his followers of $430,000 by shilling meme coins.
Scammers paid 1 shilling for a meme coin called Shanghai Composite Index with ticker SCI6900 that was created on the BSC chain about four days ago.
Zamar punches believer twice
According to Crypto Detective, a scammer named SmokezXBT sturdy Twice his followers.
Initially, SmokezXBT started purchasing SCI6900 along with other crypto influencers. He then sent a shilling of meme coins to his 60,000 followers and spent an hour dumping the coins. At approximately 4:44 AM UTC, SmokezXBT began purchasing SCI6900 again.
The scammer got lucky as CZ commented on the post 1 minute and 34 seconds later at 4:46 a.m. UTC: “Is this real?”
CZ’s comments boost meme coin value Market capitalization A 10x increase from $3 million to almost $30 million. The scammers made off with $430,000 in less than two minutes. The token price increased by a staggering 4,557%. SmokezXBT showed off his bag and wrote, “I told you so.”
Even he answered “Keep hating Botso,” he wrote in The Detective. SmokezXBT explained that he bought SCI6900 at a market capitalization of $90,000, held on to the coin, and never sold it. It was then bought again with a market cap of $3 million and sold after CZ’s post. SmokezXBT wrote, “You just witnessed a masterclass in monkey memes.”
On-chain data According to Dethective, we can see that SmokezXBT has 1,466 deleted coin addresses.
ZachXBT says the scammer is a known scammer
Crypto detective ZachXBT commented on Dethective’s X post and said, “That influencer is a known scammer.” he linked to post From 2023, SmokezXBT has been shown attacking followers through a meme coin named BLOOD. SmokezXBT spent days spending money, assaulting his followers, and deleting all his social media accounts.
ZachXBT contacted SmokezXBT and he admitted that he had lied to his followers. He claimed to have created BLOOD, but then said that two developers hired him to act as a marketer and promote the meme coin. ZachXBT said scammers are “playing the victim and making excuses.”
CZ has been active in the crypto meme coin space, especially since launching the Meme Rush wallet, which provides users with early access to meme coins. According to some information, a few days ago, the BNB meme season reached its peak, with 70% of investors making profits. report Written by Cryptopolitan.
However, Binance’s Meme Coin suffered significant losses, especially after the cryptocurrency market witnessed its biggest crash in a single day. liquidationwiped out $9.55 billion. Binance meme coin suffered a loss of 20.4% in the past 24 hours. The total market capitalization of meme coins is 19.8According to CoinGecko, %.
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