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, the Bittensor hacker deposited 4.9 million dollars of three assets into a privacy protocol, followed almost immediately by withdrawals of the same amount and assets to an on-chain address he states is linked to a former OTF Bittensor employee. Source: @zachxbt on X, Oct 16, 2025. He added that certain investigative details are withheld for law enforcement, indicating an active inquiry that could surface additional on-chain evidence. Source: @zachxbt on X, Oct 16, 2025. For trading, the alleged clustering and 4.9 million dollar movement are material datapoints for TAO pairs; monitor the identified address and privacy protocol outflows for signs of transfers toward exchanges and track TAO spot and perp volatility around any detected movements to inform risk management. Source: @zachxbt on X, Oct 16, 2025.