Cryptocurrency Daily Thefoxposts.com

On-chain sleuth ZachXBT alleges that a former professional Fortnight player from Australia has been involved in a series of meme coin scams that have stolen around $3.5 million collectively from investors. ZachXBT said in a Nov. 27 X thread that wallet addresses of the former Fortnight pro, who goes by the online alias “Serpent,” has “high exposure” to several meme coin scams launched through Pump.fun and that were promoted using compromised social media accounts. ZachXBT Says “Serpent” Was Involved In High-Profile Social Media Hacks ZachXBT said in the thread the former Fortnight player was involved in some of the biggest social media hacks this year, which all promoted fake tokens. These include the Aug. 21 McDonald’s Instagram account hack, which promoted a Solana meme coin called GRIMACE .  1/ Over the past few months I have been tracking a series of related compromises for McDonald’s, Usher, Kabosu Owner, Andy Ayrey, Wiz K...

OpSec chief says team quits after ZachXBT exposé, project denies it OpSec chief exec Chris Williams has resigned “effective immediately,” just two weeks after crypto sleuth ZachXBT exposed the project as a scam. Williams announced his resignation via X on Thursday, and claims that the entire core team has followed him out the door. The former CEO confirmed ZachXBT’s allegations, citing them as the reason for his resignation. “The decision follows recent findings, highlighted by @zachxbt, along with our own assessment of OpSec’s operations. “These revelations, coupled with the un-doxxed founder’s prolonged absence and sole control over the company’s finances, have several limited our ability to lead and execute our vision effectively.” From early on there were many red flags if you did basic due diligence so it’s clear all of the influencers who promoted OPSEC looked past this. Keep the names of influencers f...