PANews reported on March 23 that crypto detective ZachXBT disclosed on the X platform that it found a coordinated network of more than 10 accounts to attract traffic by creating panic about war and politics, thereby promoting cryptocurrency scams. The strategy includes buying accounts with existing followers, posting negative content multiple times a day, increasing popularity through small account retweets, promoting fake airdrops or scams, and then changing usernames.

One example account created an Asian version of a well-known blogger, Mario Nawfal, by purchasing an existing account and using AI. By forwarding exaggerated or false news to each other, related accounts receive millions of views and a large number of interactions every day, attracting many large accounts to further increase their popularity without their knowledge. These accounts run fake airdrops behind the scenes and promote crypto pump-and-dump schemes. On February 22, 10 X platform accounts in the network jointly promoted the scam project $ORAMAMA, with on-chain evidence showing that the scheme made six-figure profits. ZachXBT suspects that these accounts are accumulating interactions for the next scam. He pointed out that if such operations are carried out by state-level actors rather than pump-and-dump scams, the consequences will be even more dire. He called on platforms to ban manipulative behavior and hold them legally responsible. He advised users to check the account's recent posts and account details before engaging with the content, and list the X user IDs of these accounts in a table in case they change their name or log out.