financetom
Cryptocurrency
financetom
/
Cryptocurrency
/
Award
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Award
Sep 18, 2024 5:22 PM

On-chain investigator ZachXBT has accused top crypto influencer Professor Crypto of using bots to manipulate his social media metrics.

Following the allegations, the crypto influencer has deactivated his account without giving a response to the public.

Fake Engagement Strategies

In a post on X, the on-chain sleuth addressed the Youtuber, telling him to “lay off the thousands of bots” used on his social media platforms to “deceive people into thinking you have an influence.”

He also implied that this behavior could violate a United States Federal Trade Commission (FTC) rule prohibiting the sale or purchase of fake social media influence, including followers or views generated by bots or hijacked accounts.

Professor Crypto, known for his 1.34 million YouTube subscribers, has not responded publicly to the accusations. However, he has reportedly deactivated his X account after receiving a community note calling him out for “employing fake engagement strategies” and hiding several replies, including ZachXBT’s, from his posts.

The influencer also removed several posts showing him accepting the “Best Content Creator” award at the DeGen Summit in Singapore on September 17. The event, a side affair of TOKEN2049, celebrated Key Opinion Leaders (KOLs), individuals whose opinions are influential within the crypto industry.

His YouTube channel, where he reviews cryptocurrency exchanges, wallets, meme coins, and non-fungible tokens (NFTs), has been active since August 2018. Meanwhile, his now-deactivated X account, created in February 2018, had 132,000 followers but only 102 posts, with the earliest dating back to August 14, 2018.

FTC Violation and Community Reactions

Community members on X have raised further concerns. Acerbic crypto commentator NewsyJohnson claimed to have “zero mutuals” with Professor Crypto and accused him of having bots follow, like, and comment on his content, adding, “I don’t think he has any human following.”

Others, like NFT artist Matthew Varnell, questioned his credibility, saying, “Who the hell is Professor Crypto?” Laurence Day, co-founder of Wildcat Labs, noted, “I have been here longer than the stars have burned, and I have precisely one mutual with this account (someone I added within the last week).”

The incident comes soon after an FTC decision in August to ban marketers from using fake reviews or other misleading practices, including AI-generated content, to promote products and services.

In a statement quoted by CNBC, FTC Chair Lina Khan said at the time that fake reviews “waste people’s time and money” and distort the marketplace. The rule also prohibits companies from exaggerating their influence by paying for bots to inflate follower counts.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Dogecoin (DOGE) Rally Lacks Retail Mania – And That Might Be Bullish
Dogecoin (DOGE) Rally Lacks Retail Mania – And That Might Be Bullish
Mar 10, 2026
The crypto market failed to sustain the bullish momentum over the weekend, which prompted Dogecoin (DOGE), along with several top assets, to record significant declines. The OG meme coin, for one, fell by more than 11% over the past week, dragging it to under $0.24. But data suggest that smart money is quietly loading DOGE, and a late retail stampede...
This Key Ripple (XRP) Indicator Drops to a 3
This Key Ripple (XRP) Indicator Drops to a 3
Mar 10, 2026
TL;DR XRPs recent correction might soon be followed by a resurgence (at least according to one crucial metric). Analysts remain bullish, with some envisioning the rise to a new ATH. Just a Coffee Break? Ripples XRP followed the overall correction of the crypto market and nosedived to $2.78 a few hours ago. This represented the lowest point witnessed in the...
Biden’s Exit and Harris’s Rise Could Mean Short
Biden’s Exit and Harris’s Rise Could Mean Short
Mar 10, 2026
President Joe Bidens withdrawal from the 2024 election race caused a significant stir in the crypto market. Bitcoin initially fell by 3% in response to the news but later recovered and even tapped a multi-week peak. According to Bitfinex analysts, this was a knee-jerk reaction to temporary uncertainty in the market. By Monday morning, Bitcoin had climbed 0.9% over the...
Tom Lee Frames ETH Retreat as Necessary Step Toward $5,100
Tom Lee Frames ETH Retreat as Necessary Step Toward $5,100
Mar 10, 2026
A prominent Ethereum (ETH) evangelist is interpreting the cryptocurrency’s recent sharp decline as a beneficial pause rather than a bearish reversal. Tom Lee of Fundstrat sees the drop toward $4,150 not as a reason for alarm, but as a “healthy” development that could set the stage for a run toward $5,100. A Strategic Pullback Before Higher Gains Lee shared analysis...
Copyright 2023-2026 - www.financetom.com All Rights Reserved