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Zeus Capital Reportedly Offers Influencers 5 BTC for LINK FUD

Zeus Capital Reportedly Offers Influencers 5 BTC for LINK FUD

Zeus Capital is reportedly providing outstanding members of Crypto Twitter fee to unfold unfavourable information about Chainlink, which hit a brand new report excessive worth lately.

Zeus Capital got here to prominence lately after releasing a report claiming LINK was a rip-off after which closely selling adverse information about Chainlink by way of Twitter advertisements. It has since referred to as upon customers to hitch a class-action lawsuit in opposition to CEO Sergey Nazarov.

In keeping with a screenshot posted to Twitter by ‘The Wolf of All Streets’ Scott Melker on July 29, Zeus Capital reached out to him asking them if he’d be prepared to publish an evaluation of Chainlink (LINK) to social media “for a charge.”

Twitter direct message from Zeus Capital. Supply: Scott Melker

Melker, who has greater than 108,000 followers, was not the one influencer to report the supply. Josh Rager stated he’d merely ignored the agency’s messages. Crypto Twitter person Smokey posted a screenshot of an an identical message to his 17,500 followers. 

The “charge” to which Zeus is referring was left ambiguous by customers who didn’t take up the agency on its supply. However one person, icebergy, who has greater than 12Ok followers, reached out to Zeus with a suggestion to publish a “unhealthy LINK chart” for five Bitcoin (BTC) — roughly $55,000 on the time of writing. In keeping with a screenshot response, purportedly from Zeus Capital, the agency inquired if the supply was nonetheless legitimate.

Crypto Bitlord has certainly posted updates about LINK — though this might be a joke.

Backfire impact

Whereas Zeus is pushing influencers to doubtlessly disparage LINK, it’s doable that such seedy techniques could also be having the alternative impact. Melker referred to the incident as “utterly absurd” and unhealthy for the cryptospace. Others like Obit7777777 referred to as Zeus’ actions determined: “They need you to analyse one of many cleanest charts in crypto hoping to search out one thing bearish.”  

A couple of, together with AlCryptoTrader, even stated they have been prepared to purchase LINK at $8-9 simply to “f— over Zeus Capital.”

Why unfold adverse information?

Zeus authored a report lately claiming it was constructing a Chainlink quick place with a goal of 99% positive aspects. Nonetheless, its web site seems to have been registered solely seven months in the past, and the agency’s Twitter account has been suspended for violations of the platform’s phrases of use a number of instances.

On July 27, it referred to as upon its 3,800 Twitter followers to hitch a class-action lawsuit in opposition to LINK over the alleged pump and dump manipulation in 2019.

Regardless of Melker’s free evaluation on July 28 that LINK is decidedly “not bullish,” the token was nonetheless priced at $7.17 on the time of writing, having risen 56.3% within the final month.

Cointelegraph contacted Zeus Capital for remark however didn’t obtain a response as of press time.

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