Investigation Uncovers Coordinated Threat
On-chain investigator ZachXBT revealed a scam group's long-standing connection to orchestrated smear tactics and "internet violence" directed at Binance. Binance founder Changpeng Zhao (CZ) publicly reposted ZachXBT's exposé, confirming the group's involvement. This led to the freezing of ten accounts integral to the illicit network's operations.
On-Chain Tactics and FUD Campaigns
The exposed group, characterized as a "premeditated team," deliberately spread FUD about Binance – a tactic described as "hard-touching" the exchange – to drive users towards their own fraudulent projects, often involving new, unverified tokens.
Anatomy of the Scam: Operations and History
The findings confirmed these were the "same group of scammers" previously orchestrating "public opinion guidance" against Binance. They consistently employed "original team" tactics, including coordinated social media attacks and false narratives, and created scam projects. For instance, the group was linked to `bnbxbt`, which reportedly achieved a $50 million market capitalization on $BNBCHAIN. The same team then operated `solxbt` on Solana, aiming to "cheat with small prizes" by luring users with minor rewards. Some of the ten frozen accounts had also interacted directly with CZ.
Community Reaction and Accountability
The crypto community responded positively to ZachXBT's revelation and CZ's confirmation. For example, a social media post highlighting CZ's repost of ZachXBT's findings garnered a sentiment score of 33, alongside 96 likes and over 30,438 views. Another post, underscoring the premeditated nature of the scam team, registered a sentiment score of 13. While one post questioning CZ's prior awareness received a sentiment score of -30.
Account Freezes and Broader Implications
The freezing of the ten accounts, corroborated by CZ, underscores the coordinated nature of these attacks and directly impacts the scam group's illicit operations.