Warning: A Cryptocurrency KOL’s Scams Have Been Exposed! The Altcoins He Promoted Have Collapsed Repeatedly – Here Are the Details

ZachXBT, one of the leading independent researchers in the cryptocurrency world, claimed that the crypto phenomenon called “Crypto Beast” was at the center of the Altcoin (ALT) token crash that occurred earlier this month.

According to a detailed analysis published by ZachXBT, Crypto Beast is linked to more than 45 wallets that were directly responsible for the ALT price crash that occurred on July 14, 2025.

According to a report by ZachXBT, Crypto Beast began heavily promoting the ALT token on social media platforms X (formerly Twitter) and Telegram at the beginning of the month. However, by July 14th, the token’s market value had plummeted from $190 million to just $3 million. During this period, the 45 wallets in question reportedly collectively sold their holdings, generating over $11 million in profits. ZachXBT stated that technical analysis revealed that these wallets were related to wallets previously publicly disclosed by Crypto Beast.

The investigation revealed that transfers to these wallets were funded by small amounts sent to various exchanges (such as KuCoin, Binance, and HTX) through the Celestia address, and that these transactions were linked through timing analysis. ZachXBT stated that this Celestia address funded all of the wallets that made sales on July 14th.

Crypto Beast reportedly deleted all promotional posts on X and Telegram following the incident and denied the accusations. However, ZachXBT noted that the influencer had been involved in similar scams in the past, alleging that he was involved in similar “pump and dump” schemes involving tokens like ALPHA, RICH, and YE.

ZachXBT also reported that Crypto Beast briefly deactivated his X account, then began to re-gain followers through small giveaways. The researcher emphasized that he believes the influencer will continue similar scams in the future, calling on the X platform: “I believe the account of someone involved in so many scams should be suspended.”

Finally, ZachXBT commented that only the person who developed the token or someone directly connected to the developer could obtain such a high supply of the token the phenomenon was promoting.

Crypto Beast’s X account was once again deactivated following the allegations. However, ZachXBT stated that it could be reactivated within a few days by changing its username.

*This is not investment advice.

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