ZachXBT Issues Warning: New Token Project Linked to Known Scam Artists

Blockchain investigator ZachXBT has issued a warning regarding a new token project called Web3, stating it’s connected to individuals linked to past NFT scams. He based his claims on the presence of a notorious deposit-for-airdrop strategy that gained notoriety in the crypto space. 2024 saw this method exploited by scammers who collected funds without delivering promised tokens or delivered worthless tokens after taking users’ money.