The crypto community on X has publicly named those who, in the market participants' opinion, belong in prison. The list included eight bloggers and streamers actively trading memecoins.
The list appeared after a lawyer running the account 2070 on X began collecting information about dishonest bloggers. He announced that he was looking for open-source information about three categories of individuals: well-known influencers who at launch secretly buy up most of a memecoin through multiple wallets; project teams that have been defrauding investors since 2025; and bloggers who advise subscribers to buy a token but trade it from secret wallets.
In all cases, these are public figures. The lawyer warned that anyone who messages him privately is consulting a lawyer.
Who made the list
A user under the nickname bolivian responded with a list of eight accounts without explaining his choice. Public accusations are known against three of the individuals:
- Ansem, a well-known Solana trader — in 2024, blockchain detective ZachXBT accused him of promoting "hundreds" of small memecoins that subsequently crashed in price;
- Sahil Arora, who launched celebrity memecoins — most of these tokens lost their value, and analysts estimated his profit at between $2 million and $30 million;
- Frank, founder of the DeGods NFT collection — in 2025 he was accused of insider trading.
All three deny the allegations. At the same time, Arora himself made accusations: he claimed he paid Ansem about $100,000 to promote the MOTHER token. The trader responded that he had never worked with him. Bitquery analysts found no transfers between their wallets.
According to the list's author, five others profit from memecoins and show trades to subscribers: traders Ethan Prossper and Cooker, streamers Jack Duval and AlxCooks, as well as trader and streamer Scharo. The author of the list did not explain exactly what they are guilty of, and no confirmed accusations against them could be found in open sources.
The scheme described by analysts
The list appeared amid high-profile exposés. The analytics firm Bubblemaps described the mechanics by which bloggers profit from subscribers: an influencer buys a token in advance from secret wallets, then purchases it from a public address and recommends it to the audience; subscribers copy the trade, the price rises, and the secret wallets sell the tokens. One trader was accused of earning about $1.74 million this way.
A blogger's public purchase does not mean that he himself holds the token. Anyone who copies others' trades risks buying coins at the peak.
The situation was commented on by Quinten Francois, a crypto blogger with nearly a decade of experience in the industry. He stated that half of the industry's "top" deserves prison. By "top" he meant people who have gained power or influence: according to him, half of them cannot resist the temptation of easy money and begin breaking the law, profiting both from ordinary users and from each other. Francois added that after this, one should not be surprised by states' desire to regulate the industry.
Cryptalist analysis: Public "lists of the guilty" in the memecoin segment reflect a systemic problem — the lack of transparency in disclosing influencers' positions and weak control over conflicts of interest. Until the market develops standards for verifying trades and disclosing wallets, regulatory pressure on the sector will only grow, and retail investors' trust will fall.