ZachXBT warns strongly about BlockDAG…"Investors need to be cautious"

On the 30th (local time), on-chain analyst ZachXBT said on X(formerly Twitter) that "it is impossible to know whether the F1 partner's due diligence was properly conducted," and reiterated that "BlockDAG is an investment scam project that has been conducting a presale for more than a year and a half, and the fundraising amount was also manipulated."

This comment came in response to a reply to a post in which the BWT Alpine F1 team recently tagged BlockDAG on X and introduced the project as next-generation layer-1 blockchain infrastructure.