Exposure of False Advertising by KOL: 'Professor Crypto' Incident Reveals Crisis of Confidence in the Encryption Industry

robot
Abstract generation in progress

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.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)