{"id":72050,"date":"2026-05-04T21:43:39","date_gmt":"2026-05-04T21:43:39","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/influencer-ashcrypto-under-fire-for-alleged-roya-pump-and-dump-scheme-bitcoin-news\/"},"modified":"2026-05-04T21:43:39","modified_gmt":"2026-05-04T21:43:39","slug":"influencer-ashcrypto-under-fire-for-alleged-roya-pump-and-dump-scheme-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/influencer-ashcrypto-under-fire-for-alleged-roya-pump-and-dump-scheme-bitcoin-news\/","title":{"rendered":"Influencer Ashcrypto Under Fire for Alleged ROYA Pump-and-Dump Scheme \u2013 Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li><span style=\"font-weight:400\">ZachXBT alleged that Ashcrypto ran several pump-and-dump schemes on illiquid CEX-listed <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-altcoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">altcoins<\/a>. <\/span><\/li>\n<li><span style=\"font-weight:400\">Evidence shows Ashcrypto called ROYA publicly, then told followers he was \u201cholding 100%\u201d while selling. <\/span><\/li>\n<li><span style=\"font-weight:400\">The allegation is amongst other similar influencer-based manipulations that have continued into 2026. <\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight:400\">The ROYA Incident <\/span><\/h2>\n<p><span style=\"font-weight:400\">Ashcrypto, who has over 2.1 million followers on X, <\/span><a href=\"https:\/\/twitter.com\/zachxbt\/status\/2051074951390884199\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">made a public call<\/span><\/a><span style=\"font-weight:400\"> for ROYA, the native token of decentralized lending platform Royale Finance, on a <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-cex\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">centralized exchange<\/a> ( <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-cex\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">CEX<\/a>). Within hours, he acted puzzled and messaged \u201cwho the f is selling like this\u201d on his premium investment channel, while separately telling followers that his team was \u201cholding 100% of our roya + buying more here.\u201d<\/span><\/p>\n<figure id=\"attachment_811624\" aria-describedby=\"caption-attachment-811624\" style=\"width:481px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-811624\" class=\"wp-caption-text\">Image source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight:400\">This pattern of calling a token, projecting confidence publicly while followers buy in, then exiting is a clear pump-and-dump structure that has been executed many times before (often amplified through social media rather than onchain coordination alone).<\/span><\/p>\n<p><span style=\"font-weight:400\">ZachXBT made clear that ROYA is not an isolated case, stating that Ashcrypto \u201cran similar pump-and-dump schemes for illiquid alt tokens on <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-cex\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">CEXs<\/a>\u201d repeatedly. Illiquid, centralized-exchange-listed tokens are particularly vulnerable to this structure since small order sizes can move prices meaningfully, making it easier for a large-following influencer to generate real short-term demand from a single public call.<\/span><\/p>\n<h2>A Larger Scheme at Hand<\/h2>\n<p><span style=\"font-weight:400\">Earlier in 2026, the investigator flagged the RAVE token scandal, in which a coordinated group allegedly controlled more than 90% of RAVE\u2019s circulating supply and orchestrated a 6,000% price surge followed by a 95% crash that wiped $6 billion in 48 hours. That investigation prompted formal probes from Binance and Bitget.<\/span><\/p>\n<p><span style=\"font-weight:400\">Similarly, earlier in May, ZachXBT flagged a U.S. law firm (Gerstein Harrow) for filing claims to <\/span><a href=\"https:\/\/news.bitcoin.com\/zachxbt-law-firm-lazarus-group-frozen-funds\/\"><span style=\"font-weight:400\">seize $71 million<\/span><\/a><span style=\"font-weight:400\"> in ethereum frozen after the April 2026 KelpDAO exploit, using a 2015 legal judgment to jump ahead of actual hack victims in any recovery queue.<\/span><\/p>\n<p> <!-- --> <\/p>\n<p><span style=\"font-weight:400\">The Ashcrypto allegations operate at a smaller scale than the RAVE scandal but follow the same core principle, wherein social media reach is used as a price-moving mechanism that benefits the caller at the direct expense of followers who act on the recommendation. Ashcrypto has not responded to any of the allegations at the time of writing.<\/span><\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/news.bitcoin.com\/zachxbt-ashcrypto-roya-pump-dump-cex\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways: ZachXBT alleged that Ashcrypto ran several pump-and-dump schemes on illiquid CEX-listed altcoins. Evidence shows Ashcrypto called ROYA publicly, then told followers he was \u201cholding 100%\u201d while selling. The allegation is amongst other similar influencer-based manipulations that have continued into 2026. The ROYA Incident Ashcrypto, who has [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":72051,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72050"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72050"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72050\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72051"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}