ZachXBT cautions users about a scam operation impersonating a Trust Wallet victim, exploiting security vulnerabilities.ZachXBT cautions users about a scam operation impersonating a Trust Wallet victim, exploiting security vulnerabilities.

ZachXBT Exposes Scam Account Impersonating Trust Wallet Victim

ZachXBT Warns of Fraudulent X Account Impersonating Trust Wallet Victim
Key Points:
  • ZachXBT exposes fraudulent account on X impersonating a Trust Wallet victim.
  • Minimal content, frequent username changes, meme coin involvement noted.
  • Meme coin scams exploit Trust Wallet incident; no leadership statements.

ZachXBT, a blockchain investigator, identified **Account X** as a scam impersonating a Trust Wallet victim. With over 44 username changes, it engaged in meme coin scams and blocked content preemptively, lacking transparency and accountability.

ZachXBT, a prominent blockchain investigator, has warned users about a fraudulent X account impersonating a female victim associated with Trust Wallet exploits, on December 26, 2025, via an X thread.

ZachXBT’s warning highlights the ongoing threat of scam operations exploiting security vulnerabilities. The alert signals the potential re-emergence of similar impersonation scams affecting user trust.

The fraudulent account in question has changed its username over 44 times, posting minimal content while engaging in meme coin scams to exploit public fear and gain attention. This scam aims to mimic a Trust Wallet vulnerability victim in order to execute fraudulent schemes.

ZachXBT, known for exposing blockchain frauds, identified the scam account’s history of changing usernames to deceive users. The account continues to capitalize on security breaches, highlighting ongoing risks in crypto security.

Meme coin markets face increased scrutiny with scams exploiting Trust Wallet issues. ZachXBT’s exposure of these tactics highlights the vulnerabilities, urging user caution against fabricated stories to protect their assets.

The financial implications are pronounced as funds from scams are often funneled into centralized exchanges (CEXs), creating broader impacts on digital asset security. Institutions remain silent, underlining the need for vigilance among investors.

Historical data showcases several impersonation scams, with Trust Wallet and Coinbase being recent targets. Previous cases highlight the effects of such actions on crypto trust and market stability. As ZachXBT warned, “The scam account cycled through over 44 usernames, engaged in memecoin scams, and posted minimally while pre-blocking content.”

Users must be aware of these persistent security issues in the crypto space.

Market Opportunity
Scamcoin Logo
Scamcoin Price(SCAM)
$0.000957
$0.000957$0.000957
+0.10%
USD
Scamcoin (SCAM) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

The post Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with a recent controversy surrounding a bold OpenVPP partnership claim. This week, OpenVPP (OVPP) announced what it presented as a significant collaboration with the U.S. government in the innovative field of energy tokenization. However, this claim quickly drew the sharp eye of on-chain analyst ZachXBT, who highlighted a swift and official rebuttal that has sent ripples through the digital asset community. What Sparked the OpenVPP Partnership Claim Controversy? The core of the issue revolves around OpenVPP’s assertion of a U.S. government partnership. This kind of collaboration would typically be a monumental endorsement for any private cryptocurrency project, especially given the current regulatory climate. Such a partnership could signify a new era of mainstream adoption and legitimacy for energy tokenization initiatives. OpenVPP initially claimed cooperation with the U.S. government. This alleged partnership was said to be in the domain of energy tokenization. The announcement generated considerable interest and discussion online. ZachXBT, known for his diligent on-chain investigations, was quick to flag the development. He brought attention to the fact that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce had directly addressed the OpenVPP partnership claim. Her response, delivered within hours, was unequivocal and starkly contradicted OpenVPP’s narrative. How Did Regulatory Authorities Respond to the OpenVPP Partnership Claim? Commissioner Hester Peirce’s statement was a crucial turning point in this unfolding story. She clearly stated that the SEC, as an agency, does not engage in partnerships with private cryptocurrency projects. This response effectively dismantled the credibility of OpenVPP’s initial announcement regarding their supposed government collaboration. Peirce’s swift clarification underscores a fundamental principle of regulatory bodies: maintaining impartiality and avoiding endorsements of private entities. Her statement serves as a vital reminder to the crypto community about the official stance of government agencies concerning private ventures. Moreover, ZachXBT’s analysis…
Share
BitcoinEthereumNews2025/09/18 02:13
Bitcoin ETFs Surge with 20,685 BTC Inflows, Marking Strongest Week

Bitcoin ETFs Surge with 20,685 BTC Inflows, Marking Strongest Week

TLDR Bitcoin ETFs recorded their strongest weekly inflows since July, reaching 20,685 BTC. U.S. Bitcoin ETFs contributed nearly 97% of the total inflows last week. The surge in Bitcoin ETF inflows pushed holdings to a new high of 1.32 million BTC. Fidelity’s FBTC product accounted for 36% of the total inflows, marking an 18-month high. [...] The post Bitcoin ETFs Surge with 20,685 BTC Inflows, Marking Strongest Week appeared first on CoinCentral.
Share
Coincentral2025/09/18 02:30
CME Unleashing XRP Options After $16B Futures Rally Signals Strong Institutional Demand

CME Unleashing XRP Options After $16B Futures Rally Signals Strong Institutional Demand

The post CME Unleashing XRP Options After $16B Futures Rally Signals Strong Institutional Demand appeared on BitcoinEthereumNews.com. Institutional crypto activity is accelerating as CME gears up to launch XRP and solana options with daily expirations in October, adding to growing adoption in the futures market. XRP Options Set to Launch on CME in October With Daily Expirations CME Group, the world’s largest derivatives marketplace, announced on Sept. 17 that it will introduce […] Source: https://news.bitcoin.com/cme-unleashing-xrp-options-after-16b-futures-rally-signals-strong-institutional-demand/
Share
BitcoinEthereumNews2025/09/18 07:24