Blockchain investigator ZachXBT has uncovered that Gurhan Kiziloz, purported co-founder of Spartans, is behind the dubious Blockdag Network project. The project allegedly raised over $300 million from retail investors by promising unrealistic returns and fake partnerships through social media ads. ZachXBT's investigation highlights that Blockdag's token sales have been ongoing for over two years, during which Kiziloz reportedly funneled presale funds through Middle Eastern OTC channels and spent lavishly on luxury cars, homes, and watches.
Investigation Reveals Blockdag Network's $300M Fraud Scheme
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