ZachXBT Accuses ZEUS Meme Coin Owner of Market Manipulation

On June 16, 2025, blockchain investigator ZachXBT publicly accused the owner of the ZEUS meme coin project of previous market manipulation through a company called Darkpool. ZachXBT's announcement highlighted the prior activities of the ZEUS project's owner, linking them to Darkpool, a market-making firm notorious for promoting manipulation through roadshow materials. These revelations emerged without any official rebuttal from the ZEUS founders, placing the project under intense scrutiny.

The alleged market manipulation practices, including spoofing by the former Darkpool, raise questions about ZEUS's current protocols and integrity. ZachXBT stated that the ZEUS project team once operated a market maker company that manipulated the market. The creator of the current meme coin project actively promoted chart manipulation, spoofing, and other behaviors in their roadshow materials. Although investor confidence is crucial, there is an increased call for transparency and due diligence to ensure market fairness and protect investors’ interests.

Reactions from the community have been cautious, with statements from leading figures, such as ZachXBT on Twitter, highlighting potential concerns. Notably absent are immediate institutional or regulatory actions regarding the episode, but the community demands clarity. The meme coin market has faced historical scrutiny for similar manipulation claims, often resulting in a temporary loss of trust and decreased trading volumes.

Insights from the community emphasize that scrutiny may lead investors and regulators to inspect meme coin practices closely. Such vigilance could foreseeably drive regulatory changes aimed at enhancing transparency and reducing opportunities for manipulation. The cryptocurrency community has long been aware of the risks associated with market manipulation, but incidents like this highlight the need for greater transparency and accountability. As the industry continues to evolve, it is crucial for projects to adhere to ethical standards and ensure that their practices are above reproach. The allegations against the ZEUS project owner serve as a reminder of the importance of due diligence and the need for robust regulatory frameworks to protect investors and maintain the integrity of the market.

In the meantime, investors and enthusiasts are advised to stay informed and exercise caution when engaging with cryptocurrency projects. The cryptocurrency market is dynamic and unpredictable, and it is essential to conduct thorough research before making any investment decisions. The allegations against the ZEUS project owner underscore the importance of vigilance and the need for ongoing scrutiny to ensure the health and stability of the cryptocurrency ecosystem.