ZachXBT: A network of more than 10 coordinated accounts promoted a crypto scam by creating fake news and panic.

CoinFeed reported on March 23 that crypto detective ZachXBT disclosed on the X platform that he discovered a coordinated network of more than 10 accounts that attracted traffic by creating panic about war and politics, and then promoted cryptocurrency scams. The strategy included buying accounts with existing followers, posting negative content multiple times a day, boosting popularity through reposts by secondary accounts, promoting fake airdrops or scams, and then changing usernames. One example account purchased an existing account and used AI to create an Asian version impersonating the well-known blogger Mario Nawfal. These accounts gained millions of views and numerous interactions daily by reposting exaggerated or fake news, attracting many large accounts to further amplify the hype without their knowledge. These accounts were behind the scenes organizing fake airdrops and promoting cryptocurrency pump-and-dump schemes.