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ZachXBT exposes a social media manipulation network that uses fake news to drive traffic to cryptocurrency scams, with the scale of the case reaching hundreds of thousands of dollars

Mar 23, 2026 16:13:11

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On-chain detective ZachXBT revealed today that a collaborative network consisting of at least 10 accounts is generating traffic on social platform X by creating panic-inducing content related to wars and ultimately directing it to cryptocurrency scam projects.

This network acquires accounts with an existing follower base, frequently posts sensational "apocalyptic" content, and amplifies dissemination through mutual retweets among multiple small accounts, quickly garnering millions of views and significant interaction. Investigations show that these accounts also utilize AI to generate fake personas, such as fabricating an "Asian version of Mario Nawfal" to enhance credibility. After gaining traffic, the relevant accounts promote fake airdrop events or cryptocurrency project scams, including a concentrated promotion of a project called ORAMAMA on February 22, 2026, which is then no longer mentioned.

On-chain data indicates that this operation has brought six-figure profits to the team behind it. Meanwhile, many real large accounts inadvertently participate in interactions through comments and retweets, further amplifying the content dissemination effect. ZachXBT warns that this combination model of "traffic farms + AI content + cryptocurrency scams" has become highly mature and is easily replicable. If similar mechanisms are exploited by higher-level organizations, the potential impact will far exceed the realm of financial fraud and may even evolve into a tool for manipulating public opinion.

ZachXBT calls for platforms to strengthen regulation and implement bans and legal accountability for such manipulative behaviors. He also advises users to carefully verify account histories and information sources before engaging in interactions to combat the increasingly rampant phenomenon of false content and "interaction bait."

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