EddieJayonCrypto
28 May 25
Blockchain investigator ZachXBT has accused high-risk trader James Wynn of hypocrisy and deceptive trading tactics. Wynn recently warned followers about scam tokens launched in his name but was alleged by ZachXBT to have previously engaged in similar pump-and-dump schemes involving memecoins. Wynn, ...
Blockchain investigator ZachXBT has publicly accused high-risk trader James Wynn of hypocrisy and deceptive pump-and-dump tactics, despite Wynn’s vocal stance against scams in the crypto space.Wynn, a prominent figure on the decentralized derivatives platform Hyperliquid, is known for aggressive high-leverage trades that reportedly yielded over $25 million in profits and generated millions in fees for the platform. He promotes decentralization and ethical trading, famously turning down a $1 million monthly offer from a centralized exchange, citing trust issues.However, past allegations question Wynn’s integrity. He has been accused of seeking private allocations in low-cap tokens like BabyPepe for personal profit and promoting other memecoins linked to his identity, activities that echo the very pump-and-dump schemes he publicly condemns.Further controversy surrounds Wynn’s connections to Alameda Research, the now-defunct market-making arm of the failed FTX exchange. Reports indicate that Wynn received early ETH funding from Alameda, possibly giving him an advantage through insider information—fueling his large memecoin trades and high-risk positions.In response to scam tokens launched using his name, Wynn warned his followers about malicious groups exploiting his identity, yet blockchain analyst ZachXBT contends that Wynn himself has participated in similar unethical token manipulations.The saga of James Wynn illustrates the complex interplay between high-stakes crypto trading, ethics, and the ever-present shadow of market manipulation, leaving the community divided on whom to trust in the rapidly evolving digital finance landscape.