ZachXBT exposes Crypto Beast's alleged role in the ALT rug pull, leaving investors reeling. Was it a coordinated dump or just bad luck? Let's dive in, NYC style.
Yo, crypto fam! The streets are talkin' – and by streets, I mean Crypto Twitter – about ZachXBT, Crypto Beast, and a little coin called ALT. Buckle up, because this story's got more twists than a pretzel vendor in Times Square.
The TL;DR: ALT Rug Pull and ZachXBT's Sleuthing
So, what's the tea? Basically, ALT (Altcoin) went from hero to zero faster than you can say "pump and dump." Crypto Beast, a crypto influencer, allegedly hyped it up, and then – BAM! – the price tanked, leaving investors holdin' the bag. Enter ZachXBT, the blockchain detective, who pieced together a wild story about insider wallets, coordinated dumps, and a whole lotta shady behavior. This saga is playing out in July 2025.
ZachXBT's Investigation: The Deets
ZachXBT dropped a truth bomb on X, detailing how Crypto Beast supposedly orchestrated the ALT crash. According to his investigation, Crypto Beast aggressively promoted ALT across social platforms, just days before its value collapsed by over 97%. ZachXBT identified over 45 wallets connected to Crypto Beast that participated in the dump, liquidating over $11 million worth of ALT, about 3% of the token's total supply. He traced transactions, linked wallets, and even found deleted promotional posts. Talk about receipts!
Crypto Beast's Defense (or Lack Thereof)
Crypto Beast initially denied any involvement, even posting his own analysis. But guess what? After ZachXBT's exposé, poof! The account vanished. Classic move, right? He claimed anonymous whales were responsible, but the crypto community wasn't buying it. They pointed to a history of similar token promotions and rug pulls associated with Crypto Beast.
The Grok Factor: Even AI Knows What's Up
And it gets even better. X's own Grok chatbot refused to pick a winner for a giveaway organized by Crypto Rover (another influencer), citing ZachXBT's allegations of pump-and-dump activity. When an AI is side-eyeing you, you know things are rough.
The Bigger Picture: Old-School Rug Pulls in a New Era
This whole ALT situation highlights a harsh reality: rug pulls are still alive and kicking. Even with all the blockchain technology and supposed transparency, shady characters find ways to exploit the system. It's a reminder to DYOR (do your own research) and be wary of hype, especially from influencers.
My Two Satoshis: Proceed with Caution
Look, I'm not here to tell you what to do with your money. But I will say this: the crypto world is like a New York City street – exciting, full of opportunities, but also potentially dangerous. Don't blindly follow anyone's advice, especially when it comes to altcoins. And always, always be prepared to lose what you invest.
The Wrap-Up: Stay Safe Out There!
So, there you have it: the ALT saga, starring ZachXBT, Crypto Beast, and a whole lot of drama. Remember to stay vigilant, do your homework, and never put all your eggs in one crypto basket. Until next time, stay safe and keep those wallets secure!
