ZachXBT Launches $10,000 Bounty Over Crypto Market Manipulation Claims
On-chain investigator ZachXBT posted a $10,000 private bounty Monday for proof on Hong Kong market maker Heisenberg Guru. The agency, often called HSBG, allegedly manipulated costs throughout centralized crypto exchanges.
The investigator named Sion and Chao as core HSBG operators and singled out River (RIVER). He urged whistleblowers to share chat logs, contracts, or inside communications that show coordination throughout Bitget, Binance, and Gate.
Bounty Targets Asia-Based Exchange Manipulation
ZachXBT funded the reward from private accounts and framed it as a part of a broader effort to reveal Asia-based market makers. He just lately posted an analogous provide related to alleged RAVE token coordination on Bitget.
The RIVER token has drawn sustained scrutiny after a 500% rally earlier in 2026 raised issues about provide focus.
Derivatives turnover on the asset has at occasions outpaced spot quantity by margins flagged in earlier trader warnings.
“These lively MMs on Bitget, Binance, Gate, and many others are a most cancers to the business and should be uncovered since Asia CEXs proceed to show a blind eye on them,” ZachXBT added.
Calls for tighter oversight of centralized exchanges have intensified since early 2026. Multiple tokens together with LAB and RAVE drew probes after analysts flagged sudden provide focus paired with derivatives-driven value surges.
The investigator has constructed a fame for crowd-funded bounties that floor proof past what on-chain information alone can reveal.
Prior probes, profiled by BeInCrypto, have triggered exchange reviews and asset freezes throughout a number of jurisdictions.
Neither HSBG nor its named operators responded publicly to the bounty submit. Submissions undergo direct messages to ZachXBT, with no public type or pockets listed.
Credible proof rising might decide how significantly Asia-based exchanges deal with the most recent spherical of scrutiny.
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