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Crypto Detective ZachXBT Exposes Rekt Fencer’s Meme Coin Scam


by Parth Dubey
for CoinEdition
Crypto Detective ZachXBT Exposes Rekt Fencer's Meme Coin Scam
  • ZachXBT accused Rekt Fencer of promoting pump and dump meme coins.
  • Rekt Fencer was associated with ANALOS BALLZ and CATDOG.
  • Rekt Fencer also used to run a crypto project called Dropcoin.

ZachXBT, quite a popular crypto detective on X, has called out crypto analyst and influencer Rekt Fencer for promoting fake meme coin projects, duping investors. 

In an X post, ZachXBT revealed that Rekt Fencer was involved with meme coin projects like ANALOS BALLZ and CATDOG, and that the account didn’t exist in the previous market cycle. ZachXBT added that the account was created to share AI-generated images to boost their perceived authenticity.

One X user pointed out that the person behind Rekt Fencer was also paid by Polkadot (DOT) to promote their token. Another user highlighted that Rekt Fencer previously ran a project called Dropcoin, which capitalized on the airdrop trend. The project, despite having a large following, crashe…

The post Crypto Detective ZachXBT Exposes Rekt Fencer’s Meme Coin Scam appeared first on Coin Edition.

Read the article at CoinEdition

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Crypto Detective ZachXBT Exposes Rekt Fencer’s Meme Coin Scam


by Parth Dubey
for CoinEdition
Crypto Detective ZachXBT Exposes Rekt Fencer's Meme Coin Scam
  • ZachXBT accused Rekt Fencer of promoting pump and dump meme coins.
  • Rekt Fencer was associated with ANALOS BALLZ and CATDOG.
  • Rekt Fencer also used to run a crypto project called Dropcoin.

ZachXBT, quite a popular crypto detective on X, has called out crypto analyst and influencer Rekt Fencer for promoting fake meme coin projects, duping investors. 

In an X post, ZachXBT revealed that Rekt Fencer was involved with meme coin projects like ANALOS BALLZ and CATDOG, and that the account didn’t exist in the previous market cycle. ZachXBT added that the account was created to share AI-generated images to boost their perceived authenticity.

One X user pointed out that the person behind Rekt Fencer was also paid by Polkadot (DOT) to promote their token. Another user highlighted that Rekt Fencer previously ran a project called Dropcoin, which capitalized on the airdrop trend. The project, despite having a large following, crashe…

The post Crypto Detective ZachXBT Exposes Rekt Fencer’s Meme Coin Scam appeared first on Coin Edition.

Read the article at CoinEdition

Read More

FTX Alerts Users to Phishing Scams Amid $1.6B Creditor Payout

FTX Alerts Users to Phishing Scams Amid $1.6B Creditor Payout

The official X account of FTX has issued a warning about phishing campaigns targeting...
Unity Patches Android Game Vulnerability That Risked Crypto User Security

Unity Patches Android Game Vulnerability That Risked Crypto User Security

Unity Technologies has released a security patch for its game engine, addressing a vu...