KSI Faces Allegations From ZachXBT and Coffeezilla of Crypto Pump-and-Dump
Popular YouTube personality KSI has come under fire from crypto investigators for alleged crypto pump-and-dump schemes.
Critics highlighted social media posts touting certain crypto projects shortly before KSI sold hundreds of thousands of associated tokens.
- KSI posted bullish comments on tokens before quickly selling them.
- Sold $850K in XCAD after watch-to-earn project plug on X.
- Claims he tweeted opposite of his intentions and lost money overall.
KSI recently reopened his dormant X crypto account, boasting 372,000 followers. Crypto sleuth “ZachXBT” quickly responded to KSI’s tweet that the internet star would resume “sharing garbage” token plays.
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ZachXBT highlighted prior posts hyping investment picks like XCAD Network before KSI dumped significant token holdings.
KSI responds to crypto pump-and-dump allegations
Fellow YouTuber investigator “Coffeezilla” covered the incident in a video response. When confronted, KSI admitted selling XCAD but claimed he still believes in the project and reinvested proceeds into Terra Luna Classic.
However, Coffeezilla contended that KSI’s public cheerleading paired with private selling still qualifies as pump-and-dump activity.
For his part, KSI denies malicious intent, blaming crypto ignorance and failed trading strategies. He asserted that he genuinely believed his tweeted tokens would rise, but they dropped instead. So he reversed course and sold against his tweet commentary.
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Even absent ill intent, contradictory signals risk misleading followers. KSI enjoys enormous reach, and his YouTube channels boast millions of subscribers.
KSI’s Prime Drink partner, Logan Paul, has also come under the scrutiny of on-chain sleuths. Logan was called out for his CryptoZoo World project and for not reimbursing the investors. Following the scrutiny, Logan responded with a promise that he would refund the investors.
