Profiting from War Panic! ZachXBT Exposes X Scam Groups' Full Process of Promoting Garbage Meme Coins

ZachXBT exposes organized scam networks on the X platform, using fake war news and meme coins to generate short-term six-figure profits and incite market panic.

Using war panic to harvest traffic, ZachXBT uncovers organized scam networks on X

In 2026, with social media highly advanced, the line between information warfare and financial scams is becoming increasingly blurred. Renowned on-chain investigator ZachXBT released an in-depth report yesterday (3/23), revealing a coordinated network of over ten accounts. This group is exploiting global geopolitical turmoil by posting sensational, exaggerated, or entirely fabricated war and political news, successfully attracting millions of views and interactions, then channeling this traffic into carefully designed crypto scam traps.

Image source: X/@zachxbt Fake news groups are exploiting global geopolitical unrest by posting sensational, exaggerated, or completely fabricated war and political news through matrix accounts

This operation, dubbed “emotion harvesting,” precisely captures users’ “doomscrolling” mentality during turbulent times. According to ZachXBT’s analysis, the group’s methods are highly systematic: they first acquire aged accounts with large followings and utilize AI to generate virtual personas. These accounts post dense daily fake news about US-Iran conflicts, Cuban hospital power outages causing deaths, or attacks on Middle Eastern infrastructure. To maximize exposure, these over ten accounts retweet and cite each other, creating the illusion of rapid information dissemination, which entices unwitting users to participate in discussions, and even influences some influential large accounts to unknowingly retweet, effectively endorsing the scam.

From geopolitical fake news to meme coin harvesting, revealing a six-figure scam process

The group’s monetization pathway is very clear. After accumulating enough attention through war panic, the accounts quickly pivot to promoting “pump and dump” schemes or fake giveaways. ZachXBT highlights a key case: on February 22, 2026, ten accounts under this network simultaneously promoted a meme coin called $ORAMAMA. On-chain data shows that during the coin’s brief surge, these promoters quickly sold off for profit, netting six figures.

Image source: X/@zachxbt Promoters of $ORAMAMA quickly sold during the coin’s brief surge, earning six-figure profits

Even more astonishing is the “shape-shifting ability” of these accounts. Investigations found that one account changed its username 16 times over the past two years to cover its tracks. For example, the account named Wang Laurent was rebranded, using AI-generated Asian faces, attempting to imitate well-known info aggregator Mario Nawfal to establish a professional image and gain user trust.

Image source: X/@zachxbt The account named Wang Laurent was rebranded, using AI-generated Asian faces to mimic well-known info aggregator Mario Nawfal to establish a professional image and gain user trust

Another account, Rashid bin Saeed, pretended to be a wealthy individual or crypto expert in the United Arab Emirates (UAE), but most of its posts related to geopolitical threats, such as claiming Iran is about to attack Saudi Arabia or Qatar. Once the harvest is complete, these accounts immediately cease mentioning the targeted tokens and cycle through renaming, account nurturing, and rumor-mongering, preparing for the next scam.

The blending of virtual and real misinformation threats, with state-level manipulation entering the private sector

ZachXBT expressed deep concern in the report, noting that this manipulation method is akin to modern propaganda warfare. If such low-cost, high-efficiency tactics are adopted by state actors—not just scammer meme coin promoters—the societal chaos caused could be unimaginable.

The investigation shows that the “Cuban hospital power outage” fake news, claiming fuel shortages and ventilator deaths due to US sanctions, is consistent in content and format across multiple accounts, clearly staged false information.

This “engagement farming” chaos has sparked strong backlash among X users. Market observer Ethan pointed out that the current algorithm environment is hostile, with 90% of the information flow filled with political emotional content, outrage bait, and engagement tricks, diluting genuine crypto community discussions.

Image source: X/@0xEthan Ethan states that大量假資訊被演算法推播，導致真正的加密貨幣社群討論反而被稀釋

Despite X platform product lead Nikita Bier claiming that the company is strengthening detection of bots and AI-generated content, and planning to relaunch the “Dislike” button to adjust recommendation weights, ZachXBT’s findings clearly demonstrate that existing defenses are still insufficient against highly coordinated human operations.

Users should stay vigilant and practice self-research when encountering viral information

For these emerging financial crimes, ZachXBT urges platforms to adopt stricter measures, including permanently banning related accounts and pursuing legal action against manipulative behaviors.

He also advises investors to review the history, posting frequency, username change records, and interaction sources of any account with viral potential before engaging. Many seemingly authentic accounts are actually purchased zombie accounts, with short-term spikes driven by organized internal water-cooling.

Currently, ZachXBT has compiled a list of suspected scam accounts to prevent these manipulators from causing further harm through renaming or suspension. As the crypto market and global politics become more intertwined, investors need not only resilience to market volatility but also digital literacy to identify false information that exploits human fears for illicit gains.

Before clicking any links claiming high profits, conduct thorough “DYOR” (Do Your Own Research) and seek professional advice—this is the only way to protect your assets and avoid becoming a contributor to six-figure scam profits.