XCAD founder defends YouTuber KSI against pump and dump allegations

Crypto investigator Coffeezilla argued that saying one thing and trading against it is still a pump-and-dump and unethical.

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Oliver Bell, the founder of the Xcad Network, came to the defense of YouTuber KSI after crypto investigator ZachXBT accused the internet celebrity of performing a pump-and-dump scam with his digital asset tokens, including XCAD. 

On Feb. 14, ZachXBT shared screenshots of KSI’s X account posting about XCAD and then dumping $850,000 of the tokens in the days that followed. The crypto detective posted several more examples of KSI mentioning other tokens and then selling the assets afterward, which another crypto sleuth, Coffeezilla, described as the “definition of a pump and dump.”

Meanwhile, one community member believes that KSI — whose real name is Olajide Olayinka Williams Olatunji — acted maliciously, while another thinks that it’s an effect of being friends with Logan Paul, who is embroiled in a class-action lawsuit over a nonfungible token collection.             

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