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Exposure of False Advertising by KOL: 'Professor Crypto' Incident Reveals Crisis of Confidence in the Encryption Industry
PANews reported on September 18th that, according to CoinDesk, with the opening of the Token2049 conference in Singapore, a Cryptocurrency YouTuber claiming to be 'Professor Crypto' has won the 'KOL Awards' for best content creator. However, following revelations by well-known investigators such as ZachXBT, this 'professor' was found to have artificially generated false popularity by purchasing fans and bot interactions, and quickly deleted posts in response to external criticism. This incident highlights the drawbacks of KOLs (Key Opinion Leaders) in the crypto assets industry, as they engage in false advertising for a fee, undermining industry trust and prompting widespread skepticism.