Crypto influencer Professor Crypto is under fire after allegations surfaced suggesting he used bots to boost his social media influence.
The accusations came shortly after he received the "Best Content Creator" award at the DeGen Summit in Singapore, which took place as part of the Token2049 event.
The allegations were brought forward by ZachXBT, a well-known investigator in crypto, who accused him of using "thousands of bots" to artificially inflate his metrics on social media platforms. Professor Crypto has over 1.34 million subscribers on YouTube and over 131,000 followers on X.
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ZachXBT suggested that this might violate a Federal Trade Commission (FTC) rule, which forbids the sale or purchase of "fake indicators of social media influence," like followers or views generated by bots or hacked accounts.
Following these accusations, Professor Crypto deleted the posts that showcased his award win.
The influencer's sudden rise in prominence has raised eyebrows in the crypto community, with some of its members admitting they had never heard of Professor Crypto before he won the award. Co-founder of Wildcat Labs, Laurence Day, commented:
I have been here longer than the stars have burned, and I have precisely one mutual with this account (someone I added within the last week). Absolutely mystifying: there's an anthill of stuff going on that none of us here are aware of.
As of now, Professor Crypto has not issued any official statement regarding the situation. His silence, combined with the removal of his posts, has left many wondering if further revelations will emerge.
In other news, Vitalik Buterin took the spotlight at Token2049, discussing Ethereum's key milestones and even surprising the audience with a song.
