The blockchain investigator alleged the project raised more than $300 million from retail investors, linked Gurhan Kiziloz to its operations, and said presale funds were monetized through Middle East OTC channels.
Blockchain investigator ZachXBT alleged that Blockdag Network raised more than $300 million from retail investors through a token sale that ran for over two years. He claimed Spartans co-founder Gurhan Kiziloz was the main force behind the project and said presale funds were monetized through Middle East OTC channels. ZachXBT also cited 10 to 15 victim reports and warned users to exercise caution around projects tied to Kiziloz. The claims in the source are allegations made by ZachXBT.