ZachXBT Raises Concerns Over Token2049 Sponsors Amid Credibility Issues

   Crypto investigator ZachXBT has flagged several sponsors of the upcoming Token2049 event, urging caution due to potential credibility concerns. One key sponsor, Spacecoin, claims to be the first DePIN initiative for global 5G coverage but has been labeled a “botted project” by Zach. Other sponsors, including Bitunix and JuCoin, have faced scrutiny for regulatory issues and operational transparency.
ZachXBT's report highlights the risk of sponsorships being used as credibility tools, referencing past incidents