WhiteRock’s WHITE Token: A Scam or Just a Bizarre Joke? 🤔💰

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Oh, what a tangled web we weave when first we practice to deceive! ZachXBT, the crypto world’s very own detective, has accused WhiteRock (WHITE) of being a scam, linking some of its developers to the infamous $30 million ZKasino rug pull. Now, if you’ve ever seen a scam allegation, you know the usual drill: the price crashes, the community panics, and the project’s developers start sweating. But not WHITE! No, this token decided to surge nearly 10%, as if to say, “Thank you for the attention, we’re just getting started!”

But wait, there’s more! WhiteRock developer Max G. decided to step into the spotlight, denying these allegations with a broadcast that was as entertaining as it was confusing. As soon as he went live, the gains began to evaporate like morning dew under the sun. It’s still unclear what happened or if any foul play took place, but one thing is certain: this is a story that’s as twisted as a Gogol novel.

Could WhiteRock Be a Scam Project?

ZachXBT, the crypto sleuth who has made a name for himself by fighting scams and frauds from fake token projects to government-backed hacker networks, is not one to be taken lightly. His condemnations carry a lot of weight in this industry, and when he sounded the alarm that WhiteRock may be a scam linked to ZKasino, it was like a thunderclap in the crypto world.

1/ Community Alert: At least one team member from the $30M Zkasino exit scam appears to be involved with the project @WhiteRock_Fi $WHITE due to onchain transactions linking both projects and a personal email address.

— ZachXBT (@zachxbt) June 16, 2025

ZKasino, a name that sends shivers down the spines of many in the crypto community, is a famous rug pull that became a major $32 million scandal, leading to a prominent arrest and even Vitalik Buterin denouncing the project. ZachXBT pointed to pre-existing complaints about WhiteRock’s conduct and built on them with ZKasino connections to make the case that it’s a scam. The first breakthrough was an influencer who advertised WHITE.

By tracing blockchain data, ZachXBT claimed that WhiteRock paid this influencer with funds laundered from the ZKasino scam. He also presented other evidence identifying further connections between the two firms and called on exchanges like MEXC and Gate to delist WHITE. Bizarrely, this asset’s price actually spiked after these allegations.

At first, it seemed confusing why WhiteRock would spike half an hour after ZachXBT accused it of being a scam. But then, developer Max G. hosted a livestream where he denied these allegations, and things got even stranger:

“We’ve analyzed it ourselves internally…and it seems like there’s a link that doesn’t even exist. Someone we paid from our own budget managed to touch these stolen funds as well. Maybe they were even in on the ZKasino scam,” Max G. claimed, referring to the WHITE influencer. “Even if one employee did work at a project that didn’t do so well, it doesn’t discredit everything we’ve done. At this point, you can believe in our vision, or listen to random FUD.”

Several broadcast comments doubted his statements, which did very little to directly address ZachXBT’s blockchain connections. Towards the end of the statement, Max G insinuated that some WhiteRock critics may be attempting to manipulate the market, before moving on to the company’s other plans for the future.

Shortly after this broadcast started, WHITE began to fall again, erasing all the day’s earlier gains. It’s a very bizarre price move, and market manipulation might be at play. Yet, investors should stay cautious as the project is under extreme scrutiny at the moment, and the developer’s live stream didn’t do enough to clarify the concerns.

For now, everything looks very strange. ZachXBT accused WhiteRock of being a scam, and WHITE spiked immediately after. The company made a statement defending its actions, and WHITE fell an equivalent amount. It’s a very bizarre price move, and market manipulation might be at play. Yet, investors should stay cautious as the project is under extreme scrutiny at the moment, and the developer’s live stream didn’t do enough to clarify the concerns. 🤷‍♂️🤔

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2025-06-16 23:31