ZachXBT Uncovers Coordinated Network Exploiting Political Fear to Fuel Cryptocurrency Scams
In his newest thread on X, well-known and respected on-chain investigator ZachXBT uncovers a coordinated community of greater than 10 accounts which were manufacturing “viral panic about battle and politics to drive site visitors to crypto scams.”
The ongoing battle within the Middle East has undoubtedly been the most popular subject on social media because it began, and it seems that some have been misplacing that focus to rip-off folks out of their cash.
The Strategy
ZachXBT explains that the technique follows a course of of some steps. First, the perpetrators would buy accounts with followers and begin “doomposting” a number of instances per day. Doomposting refers to the act of tweeting about extremely damaging occasions, which have a tendency to set off folks and squeeze engagement. They would then repost that content material from various accounts and promote a pretend giveaway or an easy rip-off. After that, they’d proceed to change their username.
1/ I uncovered a coordinated community of 10+ accounts manufacturing viral panic about battle and politics to drive site visitors to crypto scams.
Strategy:
>Purchase accounts with followers
>Doompost a number of instances per day
>Repost content material from alt accounts
>Promote pretend giveaway or rip-off… pic.twitter.com/uMjCSQUzwp— ZachXBT (@zachxbt) March 23, 2026
Engagement Baiting Large Accounts
One cause the schemes work is social engineering. Users have a tendency to have interaction with damaging content material greater than optimistic content material. ZachXBT factors out {that a} vary of huge accounts have engaged with the posts within the feedback part, taking the bait and thus boosting the posts’ attain unknowingly.
He additionally identified that ten accounts in his monitored cluster promoted pump and dump crypto scams, concluding:
On-chain proof suggests the scheme profited six figures.
But the alarm rests in Zach’s conclusion:
It’s scary to take into consideration the implications of it if a nation state actor operated the identical scheme moderately than a meme coin scammer given how straightforward it’s to function. I consider platform manipulation ought to end in bans and face authorized penalties given the propaganda has many X customers presently falling for pretend information every single day.
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