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Summary

PAAL AI is an Ethereum ERC20 token launched in July 2023, marketed as an AI-powered chatbot and automation ecosystem for crypto communities. In September 2023, blockchain investigator ZachXBT published on-chain evidence and leaked Telegram messages alleging that four prominent crypto influencers — TraderSZ, TraderNJ1, PetaByte, and Trader_XO — received undisclosed token allocations from the PAAL AI team and engaged in a coordinated pump-and-dump scheme, collectively dumping hundreds of thousands of dollars in PAAL tokens on retail buyers. The token subsequently declined approximately 98.7% from its March 2024 all-time high of $0.8653 to below $0.013 by mid-2026, while the PAAL brand has also been exploited by third-party wallet-draining scams impersonating its staking platform.

Connected Entities

1 entities
Organizations
PAAL AI
Relationships
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Timeline(13 events)

2023-07-01

PAAL AI token launches on Ethereum, initial price approximately $0.1698 per CoinLore data.

CoinLore Historical Data

2023-08-01

PAAL AI token trading at approximately $0.009, beginning of alleged pump window.

CoinChapter / BeInCrypto

2023-08-10

TraderSZ allegedly receives 4 million PAAL tokens directly from the PAAL AI project team. Token price at approximately $0.028.

ZachXBT investigation via BeInCrypto / crypto.news

2023-08-10

TraderSZ and other alleged influencers (TraderNJ1, PetaByte, Trader_XO) begin promoting PAAL AI on X (formerly Twitter) without disclosing compensation.

ZachXBT investigation via crypto.news

2023-09-03

PAAL AI reaches a local high of approximately $0.0451, up roughly 5x from August 1 levels.

BeInCrypto

2023-09-09

PAAL AI reaches approximately $0.045, ZachXBT documents token price peak during alleged scheme window.

CoinChapter

2023-09-11

ZachXBT publishes investigation naming TraderSZ, TraderNJ1, PetaByte, and Trader_XO in an alleged PAAL AI pump-and-dump scheme, presenting on-chain evidence and leaked Telegram messages.

BeInCrypto / CryptoPotato / crypto.news

2023-09-12

Multiple crypto news outlets cover ZachXBT's allegations. TraderSZ denies coordinated scheme, claims advisory role offer that fell through prompted his token sale.

The Coin Republic / CoinChapter

2024-03-11

PAAL AI token reaches all-time high of approximately $0.8653.

CoinMarketCap

2024-08-02

PCRisk documents a fraudulent PAAL AI staking website (mypaal-reward.pages[.]dev) deploying a cryptocurrency wallet drainer impersonating the legitimate PAAL staking platform.

PCRisk

2024-09-01

PAAL AI token corrects to approximately $0.14 from its March 2024 peak of $0.86, a decline of over 83%.

en.cryptonomist.ch

2025-01-01

PAAL recovers partially to approximately $0.48 amid broader AI-crypto narrative enthusiasm.

en.cryptonomist.ch

2025-12-31

PAAL AI closes 2025 down approximately 95.99% year-over-year, trading near $0.012.

CoinLore Forecast / CoinGecko
Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.

model: claude-sonnet

generated: 5/4/2026, 4:04:58 PM

last updated: 5/26/2026, 4:11:14 AM

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