ZachXBT Alleges Celebrities Memecoin Promotions as Scam

• ZachXBT accused Ronaldinho, Amber Rose, and G Herbo of promoting memecoins, labeling them as potential scams.
• These celebrities promote new crypto projects to their millions of followers.

Amidst the growing influence of celebrities in the cryptocurrency market, concerns over regulatory oversight and financial transparency have intensified. Renowned crypto expert ZachXBT has publicly criticized prominent figures like football legend Ronaldinho, American model Amber Rose, and rapper G Herbo for their involvement in promoting memecoins, which he categorizes as potential “scams.”

The scrutiny began when ZachXBT pointed out opposition to Ronaldinho’s X post related to crypto ventures, which was later deleted. The crypto expert alleges Ronaldinho’s involvement in projects accused of engaging in pump-and-dump schemes.

The football star, known for endorsing various memecoins, including Baby Doge Coin and Kishu Inu, has recently aligned with GameFi platforms like Lingo Protocol and Base Networks, manipulating his massive social media following to promote these ventures.

ZachXBT Continues Celeb Memecoin Promotion Warnings

Similarly, ZachXBT has raised alarms about Amber Rose and G Herbo, highlighting past promotions of crypto projects that have since faced accusations of fraud or misrepresentation. Amber Rose, in particular, faced criticism for her recent question to 3.15 million followers about memecoins on the Solana blockchain, prompting ZachXBT to highlight past deleted posts where she allegedly endorsed now-discredited projects like Dragon Crypto and Shere NFT.

ZachXBT continued his accusation next to G Herbo, alleging that he created a memecoin today named HERBO, which purportedly turned out to be a scam, and deleted the post. Further, ZachXBT’s comment on Herbo’s post led to blocking him on social media.

The list is not yet over. ZachXBT has been commenting on tweets from at least five celebrities who are promoting upcoming projects that he alleges could turn out to be scams, given these influencers’ history of promoting previous projects that ended up being scams.

The controversy emphasizes broader concerns within the crypto community regarding celebrity involvement and the potential for market manipulation. With millions of followers at stake, the influence wielded by figures like Ronaldinho, Amber Rose, and G Herbo in the crypto space may draw attention to regulatory loopholes and investor protection.

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