ZachXBT: Spartans co-founder is suspected to be the mastermind behind the Blockdag presale scam

Foresight News reports that on-chain detective ZachXBT stated that the suspected co-founder of the gambling platform Spartans is Gurhan Kiziloz, who is accused of leading the Blockdag Network project. Through social media advertising, the project promoted unrealistic returns and misleading partnerships to retail investors, raising a total of over $300 million. According to ZachXBT, the Blockdag token presale has lasted more than two years, during which presale funds were cashed out via Middle Eastern over-the-counter trading channels. Gurhan is also alleged to have made extravagant purchases of luxury cars, real estate, and high-end goods, as well as extensively utilizing paid PR articles to maintain his image. He said he has received contact from at least 10 to 15 investors claiming losses in the project and warned to stay away from businesses related to Gurhan.