On February 14, 2024, internet star Olajide "JJ," also known as "KSI," began trending on X after a user accused him of pumping and dumping $850,000 in XCAD. X user @zachxbt shared a series of tweets citing the streamer's March 27, 2022 post, which he made using his cryptocurrency X handle.
The 30-year-old wrote:
"All of a sudden, my $XCAD bag is looking juicy again. #HodlGang."
User @zachxbt claimed:
Looking for Crossword hints & solutions? Check out latest NYT Mini Crossword Answers, LA Times Crossword Answers, and Atlantic Crossword Answers
"Remember when KSI posted, 'All of a sudden, my $XCAD bag is looking juicy again. #HodlGang,' then proceeded to dump $850,000 worth of XCAD over the following days from his wallet address."
They also explained how they were aware of the situation:
"How do I know this is his wallet? Well, he posted NFTs he owned multiple times such at this Mutant Ape. Also using his OpenSea username and this Honorary NFT. Wallet address - 0x87BAdfCC6b5eb79aCbD108d1208d82dc6A6D48AB."
Commentary YouTuber Kavos shared his thoughts on the controversy, remarking:
"Caught in 4K. No wonder KSI doesn’t call Logan Paul out on his crypto scams; he's been caught pumping and dumping $850,000 on his own fans Just shameless and disgusting behavior to screw your fans financially like that when you are a multi-millionaire."
"Dumping straight after is a disgusting and dishonest thing to do" - Online community reacts to KSI being accused of pumping and dumping cryptocurrency
As previously mentioned, KSI began trending on X after user @zachxbt's tweet went viral. One fan sided with the YouTuber, claiming that his crypto X profile states that he offers "no financial advice":
Kavos responded to the netizen's defense by writing:
According to X user @cryptonorms, the streamer was "entitled" to buy and sell cryptocurrencies:
Meanwhile, X user @TheDoctor_X_ commented:
"It's not 'scamming' per se but yes, making a post like that when you have millions of followers and then dumping (it) straight after is a disgusting and dishonest thing to do."
Here are some more pertinent comments:
At the time of writing, KSI had not responded to the allegations. It remains to be seen what he has to say about the situation.
Are you stuck on today's Wordle? Our Wordle Solver will help you find the answer.