ZachXBT Exposes BlockDAG’s "Era of Value" as a Smokescreen for Alleged Fraud

• What’s the Controversy Around BlockDAG’s Leadership?
• Why Is the "Era of Value" Raising Eyebrows?
• How Credible Are BlockDAG’s Technical Claims?
• What’s the Real Presale Picture?
• Is the Mining Ecosystem Sustainable?
• What’s Next for BlockDAG?

Cryptocurrency investigator ZachXBT has dropped a bombshell, alleging that BlockDAG’s much-hyped "Era of Value" launch on October 30, 2025, is a diversionary tactic to掩盖 underlying fraud. The project, which claims to have raised $430M in presale, faces accusations of fund misappropriation by its shadow co-founder, Gurhan Kiziloz. Meanwhile, BlockDAG’s CEO Antony Turner continues to promote the project’s technical achievements—including 15,000 TPS and EVM compatibility—amid growing skepticism. Here’s the full breakdown.

What’s the Controversy Around BlockDAG’s Leadership?

ZachXBT revealed on Wednesday that Gurhan Kiziloz, previously accused of siphoning millions from Middle Eastern OTC brokers, is BlockDAG’s true co-founder. Public CEO Antony Turner is allegedly a paid figurehead. "Stop the lies! Kiziloz is the puppet master paying Turner to front the project while diverting presale funds," ZachXBT tweeted before being blocked by BlockDAG’s official X account. The investigator shared blockchain data showing sub-nine-figure inflows, contradicting BlockDAG’s $433M presale claims.

Why Is the "Era of Value" Raising Eyebrows?

Turner announced the "Era of Value" WOULD begin on October 30, 2025, coinciding with the removal of all investor bonuses and multipliers. Critics argue this timing is suspicious—why strip perks just as the project enters its "most critical phase"? BlockDAG’s marketing heavily targets social media newcomers with ads proclaiming, "LAST CHANCE TO BUY BEFORE LISTING!"—a tactic ZachXBT calls predatory.

How Credible Are BlockDAG’s Technical Claims?

The project boasts a hybrid PoW-DAG architecture achieving 15,000 TPS on its testnet, plus EVM compatibility for cross-chain scalability. Over 4,500 developers are reportedly building dApps, and 3.5M mobile miners are operational. However, supply chain delays and slow retail integration persist. CertiK and Halborn audits lend some credibility, but the BTCC research team notes: "High TPS claims require independent verification—especially when funding transparency is in question."

What’s the Real Presale Picture?

BlockDAG reports selling 27B BDAG tokens across 31 batches at $0.0015 each via "TGE early access." The promised launch price of $0.05 could yield 32x returns—if it materializes. With 312,000 token holders and 20,000 X-series miners shipped, the numbers seem impressive. Yet ZachXBT’s findings suggest actual inflows may be far lower. "In crypto, presale HYPE often outweighs substance," cautions a BTCC market analyst.

Is the Mining Ecosystem Sustainable?

BlockDAG promotes its X1 mobile miner (3.5M units sold) and hardware rigs as passive income tools. But with tokenomics details still pending until Thursday’s announcement, experts urge caution. "Mining rewards depend on sustainable emission rates," notes CoinMarketCap data. "Projects delaying tokenomics often face sell pressure at launch."

What’s Next for BlockDAG?

All eyes are on October 30 for the "Era of Value" rollout and final tokenomics. Will it prove ZachXBT wrong or confirm suspicions? Either way, the drama underscores crypto’s eternal lesson: DYOR (Do Your Own Research). This article does not constitute investment advice.