BlockDAG’s $433M Presale Under Scrutiny After Allegations of Hidden Leadership
BlockDAG's $433 million presale faces mounting skepticism as on-chain investigator ZachXBT links its founder to past controversies. The project, which aims to merge Directed Acyclic Graph technology with Proof-of-Work mining, has delayed its token launch repeatedly since its 2024 fundraising began.
ZachXBT alleges the true architect is Gurhan Kiziloz, a figure tied to disputed crypto ventures, rather than the publicly named CEO Antony Turner. Millions in presale funds reportedly moved through Middle Eastern OTC brokers, contradicting Turner's promises of "scarcity, fairness, and real value."
The extended timeline—originally slated for June 2025 completion—now lacks a definitive endpoint. This uncertainty compounds investor unease amid swirling questions about fund allocation and leadership transparency.