5 Shady Crypto Projects that reached the attention center

Key results

Cryptographic researcher ZachxBT criticized the token2049 for bad sponsorship, warning that sponsorship of platinum is not synonymous with the ID card. It turned out that several sponsors have shaded plates.
JPEX and HYPERVERSE used sponsorship of events for the credibility of the project. Both later collapsed as part of investigations, causing billions of losses of investors and arrests.
Red flags include anonymous teams, low liquidity, over -release marketing, penniless tokenomics and offers only on unclear exchanges.
What drives these coins is not innovation, but speculation, influential noise and iconic observations, emphasizing how unpredictability they drive their survival.

On the unpredictable cryptocurrency market, there are still some digital assets, despite controversy, significant price drops or a lack of significant value. Although marked as shaded coins, they still attract significant interest of dedicated followers. This constant commitment is often driven by speculative emotions, mighty community support and the charm of quick profits.

Zachxbt, a well -known cryptographic Sleuth, made some observations through his telegram channel on several sponsors of token2049, the main cryptographic event. He felt that the organizers of such events did not take due diligence on their sponsors and that the project to be a platinum sponsor did not raise credibility. He published on his channel about the sketchy sponsors of the token2049.

In this article, he examines why some coins show extraordinary perseverance, even though they are sketchy. He discusses five suspicious coins that continue to draw cryptographic investors and investigate the reasons for their longevity. He will also explain how novices can protect themselves from such projects.

Why the coins will survive despite the chances

Despite the penniless foundations, many dubious cryptocurrencies are maintained. While most fail quickly, some experience or develop briefly due to specific factors. These include:

Speculative trade: Acute price fluctuations attract tolerating the risk of traders looking for quick profits.
Dedicated communities: Faithful supporters, often driven by memes or nostalgia, keep these projects alive.
Low market liquidity: Confined commercial activity allows enormous investors or external people to influence prices, attracting speculators.
Periodic noise: Trends in social media, influential support or unexpected messages can temporarily raise interest in these coins.

Do you know? From “1000x guaranteed phrases” to “satellite deficiencies”, Scammy Projects often employ flashy narratives to accost traders. When the claims are brave without evidence, the coins will probably be a sketch.

5 suspicious coins refusing to die

Zachxbt discussed several token2049 sponsors who persist on an unpredictable cryptographic market despite muddy operations. He mentioned the following coins as sketching:

Spacecoin (space)

Origin: Launched by Gluwa in 2024-2025 and the title sponsor to the token2049, Spacecoin intends to be the world’s first decentralized physical infrastructure network (Depin) powered by satellites. He claims that his decentralized satellite network will provide global Internet 5g 2.9 billion people who currently have no access to connect the whole world.
Controversy: Onchain researcher Zachxbt marked Spacecoin as “settled” and unbelievable, questioning his ID. Although Boted can be interpreted in many ways, none of the meanings are flattering.
Why doubtful: There are concerns about Spacecoin. For example, in June 2022 he claimed that he had undergone several months of improvement and knowledgeable audit of contracts, without calling a specific audit company, and no public report was given. In addition, it is not possible to verify the documentation regarding the launch of satellites.
What it maintains: Forceful promotional efforts, sponsorship of events and speculative interest, together with the dedicated attention of the community and the media, maintain constrained commercial activities.

Jucoin

Origin: Jucoin, previously Jubi, is a cryptocurrency exchange based in Singapore established in 2013, and the Services of Ju token and Cedefi expand their ecosystem to 2025.
Controversy: ZachxBT marked Jukoin as a “sketchy” platinum sponsor token2049, citing the history of changes in ownership, rebrands and regulatory revolutions.
Why doubtful: Jucoin has no regulations on the main markets, although she submitted a license in Taiwan. The project is not regulated on American, EU or other main markets with solid regulatory standards, except for the Singapore monetary authority.
What it maintains: Speculation about the token and aggressive marketing pursuit in the field of commercial activity.

Weex

Origin: Weex is a cryptocurrency platform registered in Singapore operating since 2018 and offering anonymous commercial and bonus incentives.
Controversy: Weex is not regulated by any financial authority with strict standards.
Why doubtful: The provisions of social media complain about the unusual behavior on the stock exchange, including frozen accounts and unexpected problems of getting to know your client (kyc).
What it maintains: Futures commerce appeal, speculative interest in high -performance possibilities maintain the trade volume and aggressive promotions continue to drive them.

Growth

Origin: According to Zachxbt, mentioned as a platinum sponsor in token2049, is a sketchy market producer who conducts transactions on over 60 stock exchanges and deals with deafening investments. He has little publicly available information about his origin or team.
Controversy: Perhaps this was included in the ZachxBT list due to earlier accusations of ironing as a market producer and a newer charge of the “carpet” with Vite Labs.
Why doubtful: March 27, 2025, Vite Labs It was found Development funds were “durable” by DWF market services and Binance decision to remove the project.
What it maintains: The recognition of the sponsorship of conferences, promotional narratives and speculative noise around offers maintains minimal trade interest.

Bitunix

Origin: Established around 2021, Butunix is a cryptographic exchange registered in Saint Vincent and Grenadines. It offers points and Futures trade.
Controversy: Marked by ZachxBT “sketch” probably to draw the control of the financial intelligence unit of South Korea (FIU), which is part of the Commission for Financial Services (FSC), in the scope of providing services to Korean clients without the required registration.
Why doubtful: Confined regulatory supervision and unclear corporate structure undermine trust.
What it maintains: The commercial volume is driven by lists of niche Altcoins, bonus incentives and speculative traders looking for quick profits.

Do you know? Companies such as Certik or Hacken Audit. Justified knowledgeable agreements. Many sketch coins say “internal audits” or simply skip them completely, exposing users to mistakes or exploits.

Previous cases of sketchy projects pretending to be sponsors

Here are two cases in which Shady Crypto Projects became sponsors of outstanding events, only to employ the credibility they earned for investors’ fraud:

JPEX

On token2049 in Singapore, JPEX he contributed $ 70,000 to become a platinum sponsor, using it to look justified. However, after the regulatory bodies in Hong Kong issued warnings in mid -September 2023, JPEX abandoned the stand and disappeared from the event on the second day.

Shortly afterwards, the exchange stopped payments, charged excessive fees of 999 USDT (USDT) from 1000-USDT transaction and stood in the face of thousands of complaints accusing of fraud and acting without a license. The authorities arrested several people, the assets and estimated losses of investors in the amount of over $ 1 billion in Hong Kong froze.

Hyperverse

Hyperverse hosted lavish promotional events, including an 3 $ 3500 event on $ 40 million on Megayacht Seafair in Florida, with rapper Rick Ross, to present yourself as a prestigious cryptographic and metabevs platform. He claimed that he was developing a “excellent virtual world” and promised daily phrases to attract investors around the world.

However, the American regulatory authorities later revealed that Hyperverse was a Ponzi program, which deceived investors of approximately $ 1.89 billion. Key promoters, including Steven Lewis and Brend Chung, were accused by the American Commission for Securities and Exchange for conducting a fraudulent pyramid program.

Do you know? Some shaded coins employ bots to create false commercial volumes and platforms of pieces in their higher ranking. You have to examine well before investing.

What up-to-date traders should be careful about

For those who up-to-date in cryptocurrency, early identification of suspicious coins can prevent financial losses and stress. Here are the key factors that should be taken into account when assessing cryptocurrency:

Examine the history of the team and the project: Look for warning signs, such as anonymous founders, repeated rebrands or no reputable partnerships.
Rate marketing tactics: Watch out coins promoted through aggressive marketing, including social media based on memes, paid support for influential or unrealistic claims, such as “guaranteed 100 times returns”.
Rate smoothness: Coins with a low volume of rotation or concentrated property are susceptible to the manipulation of prices by outsiders.
Check tokenomics: Watch out for red flags, such as excessively high supply of tokens, unclear tokens combustion processes or allocations strongly favorable people from outside, which may indicate the risk of manipulation of prices or fraud.
Check the exchange offers: Coins listed only with less known or poorly adjustable exchanges may not have transparency.
Examine previous problems: Examine all history of problems such as detained withdrawal, fraud or regulatory warnings.
Operate reliable tools and diversify: Avoid relying only on influential or popular charts. Instead, employ onchain analysis to monitor the portfolio activity and diversify investments to reduce risk.

Shaded coins often act as warnings rather than real investment possibilities. They attract investors with promises of huge profits, but usually hide manipulative programs, vague origin of the team and penniless basics. Despite repeated market accidents or controversy, these coins persist due to the unpredictable, community of the nature of cryptographic markets.

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.