ZachXBT Exposes Mahmudov’s Memecoin Manipulation

• The crypto sleuth took X to post claiming that Mahmudov has links with the wallets because the funds are coming from a dignified and same source on Ethereum
• The  memecoin bull holds about 11 Ethereum and Solana wallets that accounts to about $24 million.
• ZachXBT has made one more claim that Mahumudov is firstly manipulating the supply then making forecasts related to micro cap memecoins.  

ZachXBT, a self proclaimed crypto sleuth of the Web 3 space has claimed that Murad Mahamudov, a memecoin bull holds about 11 Ethereum and Solana wallets that accounts to about $24 million worth of tokens. 

On October 8, the crypto sleuth took X to post claiming that Mahmudov has links with the wallets because the funds are coming from a dignified and same source on Ethereum and the holdings are also almost identical to the posts.  

The unveiling has been done to keep a track over future activities of the memecoin bull. ZachXBT has made one more claim that Mahumudov is firstly manipulating the supply then making forecasts related to micro cap memecoins to the majority of followers. 

The claims by ZachXBT   

He further went on to say that, Users have the right to get right information before they decide which coin should they buy. The crypto sleuth mainly highlighted the incident of July 16 when there was a purchase of $449,886 MINI coins, just an hour before 1% of the supply was acquired by Mahumudov. 

As the claims further moved on, deBridge was continuously used for the Solana address as well as the funding source. It leaves the hints that Mahmudov may be the owner in this case by establishing a link with a team address commonly known as STFX. 

After establishing the link, he also highlighted to the point that Mahmudov has invested in STFX. 

Before this, the memecoin bull has held a post of the CIO at Adaptive Capital, a registered investment advisor. But the company tumbled down in March 2020 when the overall market was suffering.  

A lot of social media users started following Mahmudov as he gives information about memecoins and gives the list of top memecoins so that their followers don’t need to search and get troubled anywhere else.  

ZachXBT’s post waged war

Mahumudov has so far been in Balustrade for not having a lawful boundary and only promoting the coins on the social media platform, X. This matter is already in the minds of ZachXBT and it has posted about the same over X. 

Following the post many users were in favor of the sleuth and said that the move was significant in providing more transparency to everyone and there is no information hidden in the world of blockchain. 

As a coin has its two sides, the other side were opposing the momentum and said that the sleuth is revealing the personal information of wallets used by Mahmudov, and it may lead to suffering with several threats as he holds a good value of assets. 

Some users who follow the trend found memecoins being top on the list and some officials think that it could play an impressive role in joining new users in the crypto world.