Meme Coin Stash Linked to Murad Found by ZachXBT - $24M Uncovered

Meme Coin Stash Linked to Murad Found by ZachXBT - $24M Uncovered

Reinout te Brake | 09 Oct 2024 13:28 UTC

ZachXBT Links MustStopMurad to $24 Million Meme Coin Portfolio

The Crypto world has been abuzz with the recent findings by on-Chain analyst ZachXBT, linking prominent meme coin trader MustStopMurad to a substantial portfolio of Cryptocurrency assets. The investigation has uncovered 11 Wallets spread across the Ethereum and Solana blockchains, collectively holding around $24 million in various meme coins.

ZachXBT's Investigation

ZachXBT's analysis presents compelling evidence that ties these wallets to MustStopMurad. Some key factors highlighted in the investigation include:

  • All 11 wallets were funded from a single Ethereum address.
  • The funding source is directly linked to the STFX team address and multisig signer.
  • The holdings in these wallets align closely with Murad's public statements about meme coin Investments.
  • A consistent pattern of using deBridge for transactions on Solana addresses was observed.

Evidence Presented

One particularly intriguing piece of evidence is a transaction showing a wallet purchasing 7.5 million MINI tokens shortly before MustStopMurad included the coin in his "conviction list" post on July 16, 2024. Despite these findings, MustStopMurad has remained silent on the matter, leaving the Crypto community eager for a response or clarification.

ZachXBT also speculates that Murad may have additional addresses not connected to the identified cluster, hinting at the possibility of a larger undisclosed portfolio.

Community Response

The Crypto community is closely monitoring the flagged wallets for any signs of activity. As uncertainty looms over the situation, everyone is awaiting MustStopMurad's response to shed light on the connection to the $24 million meme coin portfolio.

It's essential for traders and investors to stay informed about these developments, as they could potentially impact the meme coin Market and sentiment surrounding it.

Conclusion

In conclusion, ZachXBT's investigation linking MustStopMurad to a substantial meme coin portfolio has sparked discussions and speculation within the crypto community. As the story unfolds, all eyes are on MustStopMurad to address the findings and provide clarity on the situation.

For more updates and insights on the latest in the crypto world, stay tuned for our upcoming articles.

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