ZachXBT alleges BlockDAG mixed ZKP presale funds, involving at least $25 million

On May 20, according to ZachXBT's on-chain tracking, at least $25 million in funds were commingled between two presale projects related to Gurhan Kiziloz, BlockDAG and ZKP. Some of these funds were subsequently used to pay for KOL promotion fees for the Spartans.com casino project. ZachXBT stated that the original presale materials for BlockDAG and ZKP did not disclose that funds would be used to promote other businesses, and retail investor complaints continue to appear on social media. He pointed out that the relevant fund flows include "presale wallet → aggregation address → Ethereum cross-chain to Tron → exchanges such as HTX, BTSE → Spartans hot wallet and KOL payment address," and warned users to stay away from the BlockDAG, ZKP, and Spartans projects.