ZachXBT accuses Spartans co-founder of involvement in the controversial project Blockdag

On-chain investigator ZachXBT posted on platform X, stating that Spartans co-founder Gurhan Kiziloz may be the mastermind behind Blockdag Network. The project raised over $300 million from retail investors through social media advertising and has been accused of unrealistic profit promises and misleading partnership promotions.

ZachXBT noted that the token sale of Blockdag has been ongoing for over two years, while gradually liquidating pre-sale funds through Middle Eastern over-the-counter (OTC) channels; during this period, Gurhan Kiziloz has been accused of high-end luxury spending, including luxury cars, real estate, and luxury goods. Relevant individuals have a significant amount of paid PR content in public information, and it was claimed that as early as October 2025, it was revealed that the management of Blockdag were "nominal leaders," with the actual controller being Gurhan Kiziloz, who later publicly admitted to his involvement.

ZachXBT stated that he has received feedback from at least 10 to 15 victims regarding financial losses and reminded the market to remain highly vigilant about projects related to Gurhan Kiziloz.