According to @PANewsCN, on-chain investigator ZachXBT alleged on X that Gurhan Kiziloz is a de facto co-founder of Blockdag, that Antony Turner was hired as the public-facing representative, and that retail presale funds worth several million dollars were routed via Middle East OTC brokers and moved away from the project, with details posted on Oct 29, 2025 (source: @PANewsCN; source: ZachXBT on X, Oct 29, 2025). According to @PANewsCN, the allegations center on the redirection of retail presale proceeds and identify specific individuals and intermediaries, which is material information for any exposure to Blockdag-related fundraising flows (source: @PANewsCN; source: ZachXBT on X, Oct 29, 2025).

According to @zachxbt, Gurhan Kiziloz is alleged to be the hidden co-founder behind Blockdag, with Antony Turner acting as the public face, and that millions in Blockdag presale funds were routed through Middle Eastern OTC brokers, creating immediate headline and counterparty risk for presale participants and related OTC flows (source: https://twitter.com/zachxbt/status/1983470700003516903). According to @zachxbt, these claims were posted as an allegation on X, and traders with exposure to Blockdag’s presale should recognize elevated reputational and operational risk linked to the allegation itself, pending any independent verification or official response (source: https://twitter.com/zachxbt/status/1983470700003516903).