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Zeus Capital Offers 5 BTC To Run A Smear Campaign Against LINK

Stefan by Stefan
30/07/2020
in ChainLink News
Reading Time: 2 mins read
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Zeus Capital offers crypto influencers from the Twitter community 5 BTC to run a smear campaign against Chainlink which hit a record high price over the past few days so let’s see more in the upcoming Chainlink news today.

Zeus Capital offers prominent members of the Crypto Community bitcoin payments to spread unfavorable news about Chainlink, releasing a report where we can see that LINK is a scam and they also started promoting negative news about the crypto project via Twitter ads. It has since called upon users to launch a class-action lawsuit against the CEO Sergey Nazarov. According to a screenshot posted on Twitter by the “Wolf of All Streets” Scott Melker, Zeus Capital contacted him to ask him whether he is willing to post a Chainlink analysis to social media “for a fee.”

HOLY SHIT https://t.co/62E0x5rbRr pic.twitter.com/MhMvCTJcSk

— icebergy ❄️ (@icebergy_) July 29, 2020

Melker who has more than 108,000 followers was not the only influencer that got the offer. Josh Rager was also contacted but he ignored the company’s messages. Crypto Twitter user Smokey also posted a screenshot of an identical message to his 17,500 followers. One user with more than 12000 followers reached out to Zeus with the offer to post a “bad LINK chart” for 5 BTC which is about $55,000 at the time of writing and Zeus Capital inquired if the offer was still valid. Crypto Bitlord indeed posted updates about LINK but this could also be a rumor or a joke.

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standout cryptocurrency, chainlink, social media

While Zeus is pushing the influences to potentially destroy LINK, it’s possible that these tactics will have the opposite effect. Melker referred to the incident as “completely absurd” and bad for the entire crypto space while others called Zeus desperate:

 “They want you to analyse one of the cleanest charts in crypto hoping to find something bearish.”

A few traders including the AICrypto Trader said they will buy LINK at $8-$9 just to F*** over Zeus Capital. Zeus Capital released a report claiming it was building a LINK short position with a target of 99% gains but the website now seems to have been registered a few months ago while the Twitter account of the company got suspended for violations multiple times.

The company called upon its Twitter followers to join a class-action lawsuit against LINK for the alleged pump and dump manipulation in 2019. Despite the free analysis by Melker, LINK is not bullish as the token was priced at $7.17 at the time of writing, rising more than 56% from the previous month.

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DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]

Tags: BTCchainlinkchainlink linklinkReportsmear campaignzeus capitalzeus capital report
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Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

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