Were influencers paid in Bitcoin to promote Chainlink?

Last Updated on 30 July 2020 by CryptoTips.eu


Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]

According to several well-known Twitterers, they were contacted in the past few days to post messages about and analyse Chainlink. As payment, they would each receive 5 Bitcoin (!). Mind you, they were asked to be especially negative about Chainlink, a small altcoin that went up like a rocket in the last few months. It seems like a somewhat strange story to us, but since it all happened in the last 24 hours, we’ll tell it anyway.

Scott Melker

DJ and musician Scott Melker, who tweets under the nickname The Wolf of All Streets brought the news a few hours ago, and it has been spreading like wildfire ever since.

Scott, who does guest appearances at Coindesk and Anthony Pompliano, claimed that a firm called Zeus Capital had approached him to post an analysis of Chainlink. As evidence, he posted a screenshot of his conversation with the so-called firm and said he never wanted to make an analysis of a coin in return for payment.

According to Melker, who has about 110,000 followers on Twitter, he was offered 5 Bitcoin (or $55,000) for the Chainlink analysis.

Since then, other well-known crypto Twitterers are tweeting about a same sort story.

Zeus Capital recently had some attention after publishing a report claiming that LINK was a scam and then promoted strong negative news about Chainlink using Twitter ads. The company claims that users of 4chan (the infamous online forum promoting violence and illegality) had set up a pump and dump scam to raise Chainlink’s price.

It has since called on users to participate in a class action lawsuit against CEO Sergey Nazarov.

Chainlink a scam?

All the posts are about the fact that they think Chainlink is a pure scam.

Josh Rager, another known crypto influencer, claimed he just ignored the company’s messages. Crypto Twitterer Smokey, who did technical analysis of charts, posted a screenshot of an identical message to his 17,500 followers.

The “compensation” to which Zeus refers was posted by another twitterer, called icebergy. It turns out to be 5 Bitcoin (BTC) – about $55,000 at the time of writing. That’s a big sum of money.

According to a response to a screenshot, allegedly from Zeus Capital, the company inquired whether the offer was still valid.

Of course, it is currently unknown how many influencers have accepted Zeus Capital’s offer. Chainlink has not yet responded to the news.