Well-known crypto investigator ZachXBT has called out Hyperliquid trader James Wynn for alleged hypocrisy in his public stance on memecoin scams. The accusation was made in response to Wynn’s recent warning to followers regarding a fraudulent token reportedly launched in his name.
On May 27, Wynn posted an alert on X (formerly Twitter), claiming that certain individuals were exploiting his name to promote a heavily farmed coin. “THE CABAL ARE LAUNCHING COINS IN MY NAME AND RUGGING THEM,” he wrote.
Citing a volume of $4.3 million and a market cap of $495,000, Wynn urged his followers not to invest in the token. He further clarified that he supports only two meme coins — $MOONPIG and $PEPE — and dismissed all others as scams.
However, ZachXBT responded directly to Wynn’s post, alleging that Wynn himself had promoted and profited from similar schemes in the past. “You literally pumped and dumped the same kind of meme coin scams on your followers over the past few years,” ZachXBT wrote.
Zach’s response reignited a series of past allegations against Wynn, particularly a detailed exposé from mid-2024 involving a project named BabyPepe.
A user named Dylan shared a detailed 15-part thread accusing Wynn of secretly getting involved with the BabyPepe project.
According to Dylan, back in June 2024, Wynn contacted the BabyPepe team asking for a private allocation of tokens.
Internal messages shared in the thread show Wynn asking, “Can you secure me a bag?” He later requested 2% of the token supply, worth approximately $57,000 at the time, and claimed he could push the token to a $20 million market cap.
The thread alleges that shortly after receiving the tokens, Wynn made a brief mention of the coin in his Telegram group before selling off his entire holding in a series of transactions.
He reportedly earned $68,000 in profit within hours. The BabyPepe team claimed they were then blocked by Wynn on all platforms, with no further communication.
One message quoted in the thread shows a community member asking whether the coin was still viable. Wynn replied: “No go.” He then posted a meme mocking those who criticized his actions.
Dylan also addressed Wynn’s public claims of never accepting paid promotions. Screenshots in the thread suggest otherwise. “His word is his contract,” Dylan wrote, stating that the absence of a formal agreement did not justify the sudden exit.
ZachXBT’s latest comments have drawn attention back to these allegations, with many users on X echoing his criticism. Many well-known figures in the crypto world have also accused Wynn of taking advantage of his followers for personal profit, even though he presents himself as someone fighting against scams.
So far, Wynn hasn’t responded to ZachXBT’s claims or the detailed thread by Dylan that brought these issues back into the spotlight. This whole situation has reignited talks about how important it is for influencers in the meme coin space to be held accountable, especially as more everyday investors join and regulators pay closer attention.
James Wynn has been talked about recently because he made a big 40x leveraged bet on Bitcoin when it hit its record price of $111,000. He’s known for trading large amounts very quickly in the crypto world.
ZachXBT is respected for digging deep into crypto fraud and has helped expose several major scams before. His recent comments have raised even more concerns about how much power crypto influencers have on social media.
As this discussion grows, many people are urging caution and encouraging others to do their own research instead of blindly trusting promotional posts, since one single tweet can move huge amounts of money in this market.
Also Read: Fact Check: Is Hasbulla’s $BULLA Token Another Pump-n-Dump?
