{"id":585727,"date":"2024-10-10T10:23:25","date_gmt":"2024-10-10T10:23:25","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=585727"},"modified":"2024-10-10T10:23:25","modified_gmt":"2024-10-10T10:23:25","slug":"on-chain-sleuth-zachxbt-alleges-murad-mahmudov-promotes-meme-coins-while-controlling-their-supply","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/on-chain-sleuth-zachxbt-alleges-murad-mahmudov-promotes-meme-coins-while-controlling-their-supply","title":{"rendered":"On-Chain Sleuth ZachXBT Alleges Murad Mahmudov Promotes Meme Coins While Controlling Their Supply"},"content":{"rendered":"<p>On-chain investigator ZachXBT alleged that meme coin promoter Murad Mahmudov is promoting microcap meme coins while controlling their supply.<\/p>\n<p>In an <a href=\"https:\/\/x.com\/zachxbt\/status\/1843956220291379302#m\">Oct. 9 post<\/a> on X, ZachXBT identified 11 Ethereum and Solana wallets he said are linked to Mahmudov, which collectively hold over $24 million in assets, raising concerns about transparency and potential conflicts of interest in his promotional activities.<\/p>\n<p><span style=\"font-weight: 400;\">&ldquo;Murad is promoting microcap <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/meme-coins-politifi-cryptos-soar-as-uptober-bull-run-hopes-make-a-comeback\"><span style=\"font-weight: 400;\">meme coins<\/span><\/a><span style=\"font-weight: 400;\"> to thousands and thousands of followers while controlling the supply and making very lofty predictions,&rdquo; ZachXBT said<\/span><span style=\"font-weight: 400;\">. &ldquo;People deserve to know the wallets so they can make informed decisions.&rdquo;<\/span><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/i.ytimg.com\/vi\/MfKRnUY3UV4\/maxresdefault.jpg\" alt=\"Bitcoin Education with Anthony Pompliano and Murad Mahmudov\"><\/p>\n<p>Mahmudov, who has almost 217k followers on X, was CIO at crypto hedge fund Adaptive Capital before its collapse in 2020, and has since become a prominent meme coin influencer.<\/p>\n<h2><span style=\"font-weight: 400;\">Murad Mahmudov Wallets Identified By ZachXBT Share Same Funding Source&nbsp;<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">ZachXBT said that he is very confident that the wallets he identified belong to Mahmudov because they &ldquo;were funded from the same source on Ethereum.&rdquo;&nbsp;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">2\/2 Why do I say these 11 wallets belong to Murad.<\/p>\n<p>1) All wallets were funded from the same source on Ethereum <\/p>\n<p>0x93f019699ef400df7dc3477dbb6400ed9445a657<\/p>\n<p>2) Funding source is also directly tied to STFX team address \/ multisig signer<\/p>\n<p>3) Holdings are similar to his posts<\/p>\n<p>EX:&hellip; <a href=\"https:\/\/t.co\/z3bmQWS4Hw\">pic.twitter.com\/z3bmQWS4Hw<\/a><\/p>\n<p>&mdash; ZachXBT (@zachxbt) <a href=\"https:\/\/twitter.com\/zachxbt\/status\/1843940661021814829?ref_src=twsrc%5Etfw\">October 9, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">In addition to sharing the same funding source, the wallets display similar holdings to those publicly disclosed by Mahmudov, according to the on-chain sleuth. In an Oct. 8 X post, ZachXBT shared the Solana and Ethereum addresses that he believes belong to the <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/top-4-meme-coins-to-buy-or-trade-now-for-massive-gains-pepe-neiro-pepu-popcat\"><span style=\"font-weight: 400;\">meme coin<\/span><\/a><span style=\"font-weight: 400;\"> promoter.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, he said he suspects that there might be additional unidentified wallets belonging to Mahmudov that are not connected to the &ldquo;cluster&rdquo; of addresses uncovered.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">ZachXBT&rsquo;s Findings Spark Debate<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Several investors on X <\/span><a href=\"https:\/\/x.com\/TanJackedTrader\/status\/1843940975196172591\"><span style=\"font-weight: 400;\">questioned<\/span><\/a><span style=\"font-weight: 400;\"> ZachXBT on why Mahmudov would dump his meme coin holdings since he has been such a &ldquo;huge positive&rdquo; for the meme coin space recently.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Zack you have been a gift to the space n we all appreciate everything you do to keep it clean<\/p>\n<p>But this is NOT good.<\/p>\n<p>A reach n influence like yours comes with accountability. <\/p>\n<p>First With ansem. Regardless of your view of him an accusation from you really hurts people. U know&hellip;<\/p>\n<p>&mdash; W3Q (@Web3Quant) <a href=\"https:\/\/twitter.com\/Web3Quant\/status\/1843951832797942160?ref_src=twsrc%5Etfw\">October 9, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">One X user even criticized the on-chain investigator for putting Mahmudov in harm&rsquo;s way after revealing his balances and addresses. The X user also warned that ZachXBT&rsquo;s supposed findings could lead to a mass sell-off if Mahmudov decides to book some profits due to investor panic.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Other investors <\/span><a href=\"https:\/\/x.com\/NZDEFI_\/status\/1843943636737917115\"><span style=\"font-weight: 400;\">said<\/span><\/a><span style=\"font-weight: 400;\"> that Mahmudov is entitled to sell his meme coin holdings whenever he wants since he bought all of the tokens himself, as opposed to other influencers who promote projects that gave them free tokens.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Related Articles:<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/microstrategy-stock-hits-highest-level-since-march-bernstein-predicts-further-51-surge\"><span style=\"font-weight: 400;\">MicroStrategy Stock Hits Highest Level Since March, Bernstein Predicts Further 51% Surge<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/dogwifhat-price-plunges-6-as-this-new-vote-to-earn-meme-coin-rival-charges-towards-1-million-in-presale\"><span style=\"font-weight: 400;\">Dogwifhat Price Plunges 6% As This New Vote-To-Earn Meme Coin Rival Charges Towards $1 Million In Presale<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/pepe-unchained-zooms-past-18m-in-presale-after-raising-1m-in-less-than-a-week\"><span style=\"font-weight: 400;\">Pepe Unchained Zooms Past $18M In Presale After Raising $1M In Less Than A Week<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Most Searched Crypto Launch - Pepe Unchained<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/pepu.svg\" alt=\"Pepe Unchained\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>Layer 2 Meme Coin Ecosystem<\/li>\n                                                                                                    <li>Featured in Cointelegraph<\/li>\n                                                                                                    <li>SolidProof &amp; 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In an Oct. 9 post on <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1954,"featured_media":585735,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7596],"tags":[],"class_list":["post-585727","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>On-Chain Sleuth ZachXBT Alleges Murad Mahmudov Promotes Meme Coins While Controlling Their Supply - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"On-chain investigator ZachXBT alleged that meme coin promoter Murad Mahmudov is promoting microcap meme coins while controlling their supply. 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