He is concerned about the $24M market manipulation in meme coins associated with the famous Crypto image.

On-chain investigator and researcher, ZachXBT has identified 11 most likely accounts linked to popular crypto personality MustStopMurad, whose wallet holds around $24 million worth of various meme coins on the Ethereum and Solana networks. The article raises questions about market manipulation in the digital operations of famous personalities.

Proof of wallet connection

1. Common Funding Source: All 11 wallets are backed by Murad and the rest of the brains and masterminds behind Staxx, which connects to a single multi-signature wallet at a common Ethereum address 0x93f.

2. Time of action: Wallet address GyBkVY, Murad 16 July 2024, a businessman who bought a 7.5 million MINI an hour before his conviction.

Most of these transactions will be absolutely impossible to connect with other participants, because the time of the transactions, as it can be connected, with the public statements made by Murad Investments.

3. Use of DeBridge: More activity was done through DeBridge by contacting and linking to other Solana addresses, which points to a broader and more purposeful transaction associated with Murad's actions.

This finding opens up the possibility for other wallet connections to suggest some market-moving action by influencers. The $24 million held in meme coins in these wallets could be a huge purchasing power, and the use of public addresses means the crypto community can keep a close eye on Murad's future endeavors.

There is also speculation that Murad may control other unknown wallets apart from the 11 found.

These constant checks indicate that transparency and accountability in the cryptocurrency trading system need to play a positive role in the growth.

Also read: HSI Prevents Over 500 Ransomware Attacks, Captures $4.3B in Crypto;