WallStreetBets
Provisional: this score is the AI investigator's judgment, not yet calculated by our published formula. Treat it as indicative. How scoring works →
anchored·57W3jv…H64cSummary
The 'WallStreetBets' brand has been exploited in at least two distinct crypto fraud incidents: a 2021 Telegram pre-mine scam using a fake 'WallStreetBets – Crypto Pumps' channel that stole over $2.1 million in BNB and ETH, and a 2023 Ethereum meme token (WSB Coin) that surged to a $50 million market cap before insiders allegedly dumped $635,000 worth of tokens within days of launch, collapsing the price by over 90%. Neither token was authorized by Reddit or the r/WallStreetBets subreddit, and ZachXBT publicly identified the alleged perpetrators in the 2023 incident.
Connected Entities
6 entities · 60 linked investigations- ZachXBT→mentioned with→Ethereum(70%)
- ZachXBT→mentioned with→Binance(60%)
- Binance→mentioned with→Ethereum(65%)
- Uniswap→mentioned with→Ethereum(80%)
- Cointelegraph→mentioned with→ZachXBT(70%)
- WallStreetBets→mentioned with→Binance(70%)
- Cointelegraph→mentioned with→Ethereum(60%)
- WallStreetBets→mentioned with→Uniswap(65%)
- WallStreetBets→mentioned with→ZachXBT(70%)
- WallStreetBets→mentioned with→Ethereum(70%)
- + 1 more
Connected Through
6 shared actors · 596 investigationsDistinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.
- □Ethereumorganization
- □ZachXBTorganization
- □Binanceorganization
- ⌂Uniswapprotocol
Timeline(8 events)
19 April 2021
WallStreetBets forum administrators warn members about fraudulent offers using the subreddit's name in crypto promotions.
4 May 2021
Approximately 3,451 BNB (worth ~$2.1 million) withdrawn from the 'WallStreetBets – Crypto Pumps' Telegram scam wallet. Approximately 151.4 ETH also reported stolen. Total losses estimated at over $2.6 million.
5 May 2021
CoinDesk reports on the Telegram 'WallStreetBets – Crypto Pumps' scam. Bloomberg confirms no affiliation with the official subreddit. The Telegram channel is deleted.
November 2022
WSB Coin founder reportedly contacts ZachXBT months before the token's eventual launch — a detail ZachXBT later notes in his May 2023 investigation.
2 May 2023
WSB Coin launches on Ethereum, self-described as the 'official unofficial memecoin of r/wallstreetbets.' The token allocates 10% to a community treasury and 5% to moderators, claiming no team allocation.
4 May 2023
WSB Coin reaches a reported peak market capitalization of approximately $50 million within three days of launch. Shortly after, ZachXBT publicly reports that zjz.eth (Jordan Zazzara) sold approximately 6.86 billion WSB tokens for 334 ETH (~$635,000) via Uniswap. Co-signer identified as Noor Al-Enaney (OIP / @is_unpopular). Token price collapses over 90% within hours.
Decision Log
- slot 420680172 · hash 5rNkrtUYS6Ao9xr818CKn9gBfcY9JaxsWDcKcFcJD2t8
This investigation is cryptographically anchored to the Solana blockchain (1 decision).
model: claude-sonnet
generated: 5/4/2026, 4:05:01 PM
last updated: 8/29/2026, 1:36:00 AM
5 viewsavoid.net — verified advice for a post-truth world