CryptoWhale is an influencer who posts fake news surrounding topics like Bitfinex and Tether. Before his Twitter (X) ban, he had around 500k followers. In a pinned tweet, CryptoWhale explained how CryptoVinco would be his new account "for the time being."
Though, as of 5/2/2023, CryptoVinco is now a backup account, with the Whalewire account being his new main.
Adam Back, the inventor of the Bitcoin mining algorithm, has warned people about CryptoWhale for years, but no X employee took a careful look at the account.
this massive verified account is posting fake news to move the crypto market and hiding anyone who is asking for a source pic.twitter.com/HKiB7CDPkB— Neeraj K. Agrawal (@NeerajKA) August 18, 2022
But, after Coin Center communications head Neeraj Agrawal provided evidence in a viral post that CryptoWhale was hiding replies which proved he was fabricating news, the ban went through.
It's well known in the crypto world that CryptoWhale is well known scammer Randy Raccoon, who has been popping in and out of the space with new scams for years. CryptoWhale tried to sell an NFT collection called Digiwhale in 2021, but content creators noticed quickly that it was a scam. All things considered, CryptoWhale cannot be trusted.
The information in this article is based on research and represents the author's opinion, not established fact. Readers should evaluate independently.