How BlockDAG Scam Is Fooling Everyone and How Don’t Be Fooled Too

The BlockDAG presale scam has emerged as one of the most sophisticated cryptocurrency frauds of 2024-2025, with the BlockDAG ICO raising eyebrows across the entire crypto community. This BlockDAG presale, which claims to have raised anywhere from $214 million to over $425 million, represents a masterclass in deception. The BlockDAG scam employs every trick in the book—from plagiarized whitepapers to fake mining apps—to separate investors from their money.

With reported fundraising figures ranging wildly—none of which can be independently verified on-chain—the BlockDAG presale scam has drawn criticism from prominent crypto investigators like ZachXBT, security analysts, and community members alike. This comprehensive analysis examines the evidence behind the BlockDAG ICO scam, explores the red flags of this BlockDAG presale, and provides essential guidance for investors navigating the treacherous waters of crypto presales.

Introduction: The BlockDAG Scam’s Grand Illusion

The BlockDAG presale scam burst onto the cryptocurrency scene with bold claims of being “the world’s most advanced layer 1 blockchain,” promising to solve the blockchain trilemma of security, scalability, and decentralization. Led by CEO Antony Turner, the BlockDAG ICO has maintained one of the longest-running presales in crypto history, spanning over 18 months with no definitive mainnet launch date in sight—a classic hallmark of the BlockDAG presale scam.

According to OneSafe Blog’s investigation, “The crypto community hasn’t exactly rolled out the welcome mat for BlockDAG, with influential names like ZachXBT calling it out as a potential scam, and many seeking advice on its legitimacy.” This skepticism about the BlockDAG scam isn’t unfounded—the BlockDAG presale exhibits numerous characteristics that have historically preceded catastrophic exit scams in the cryptocurrency space.

The BlockDAG ICO scam has become so notorious that multiple security firms have issued warnings about fake BlockDAG presale websites designed to drain wallets. As one report states: “Scammers behind block-dagxyznetwork[.]live seek to trick individuals into believing that the site is a legitimate platform offering to join a BlockDAG coin presale.”

Part 1: The Damning Evidence

The ZachXBT Bombshell: Exposing the BlockDAG Presale Scam

In August 2025, renowned crypto investigator ZachXBT delivered a devastating assessment of the BlockDAG scam on X (Twitter). According to Cryptopolitan’s report, “the famous crypto sleuth claims the presale has lasted over 1.5 years while raising significant funds—ranging from $214 million to $376 million, depending on which source you believe.”

ZachXBT’s full tweet exposing the BlockDAG presale scam @zachxbt:

“I hope your team realizes that BlockDAG Network is a fake project / investment scam that has held a presale for 1.5+ years that’s supposedly ending “soon” while regularly transferring investor funds to various exchange accounts and marketing fake numbers to increase retail fomo.”

The investigator continued his thread, revealing more about the BlockDAG ICO scam: “Concerns about BlockDAG’s legitimacy have been raised by quite a number of analysts, and Zach claims many community members have been tagging him to get him to investigate the project.”

According to BeInCrypto’s coverage, “ZachXBT claimed that BlockDAG is a scam token project for several reasons, alleging that the $375 million milestone is completely made up.” The investigator also revealed he had been offered payment to promote the BlockDAG presale:

“wouldn’t surprise if this was a paid listing since I received this offer via DM.” – @zachxbt

He declined the offer and exposed the BlockDAG scam instead.

The Whitepaper Plagiarism Scandal: BlockDAG ICO’s Copy-Paste Fraud

One of the most damning pieces of evidence in the BlockDAG presale scam involves the project’s whitepaper, which bears striking similarities to Kaspa’s documentation. According to CryptoManiaks’ investigation, “A discussion on Reddit brought attention to the similarities between BlockDAG’s whitepaper and that of Kaspa, another layer-1 DAG-based blockchain.”

A Reddit user first exposed this issue, as TheHolyCoins reported:

“We came across this issue on Reddit, where a user claimed that the BlockDAG whitepaper is too similar to Kaspa’s whitepaper. Since both projects are DAG-based Layer-1 blockchain networks, we initially thought this could be reasonable. However, we decided to investigate and compare the two documents and even use AI to test authenticity.”

The investigation found devastating evidence of the BlockDAG scam’s plagiarism. TheHolyCoins’ detailed analysis revealed that “certain sections of BlockDAG’s document closely mirror Kaspa’s, with similar text, concepts, and formulas, some even appearing to be direct screenshots from the Kaspa whitepaper.”

As Alexander Mirvis reported: “This act of plagiarism not only undermines the credibility of BlockDag Coin but also demonstrates a fundamental lack of originality and innovation.”

The evidence of the BlockDAG scam’s plagiarism is overwhelming. BitMarkup’s investigation confirmed: “Critics have identified significant similarities between BlockDAG’s whitepaper and existing projects, particularly Kaspa. While borrowing concepts is common in blockchain development, the degree of similarity raises questions about the originality of BlockDAG’s technical contributions.”

This isn’t just borrowing ideas—it’s intellectual theft that exposes the BlockDAG ICO scam for what it truly is: a project built on deception rather than innovation.

The GitHub Ghost Town: Where BlockDAG Scam’s Code Should Be

For a BlockDAG presale claiming to have raised hundreds of millions of dollars, the project’s development activity is suspiciously minimal. CryptoNews’ analysis found that “BlockDAG has well-known advisors and blockchain developers, but like any crypto project, you should always double-check claims and endorsements.”

Crypto Daily’s investigation revealed a “seeming mismatch between big advertising budgets and minimal GitHub activity. Repositories are near-empty, and real infrastructure progress is hard to track.”

Multiple analysts examining the BlockDAG ICO scam have pointed out this glaring discrepancy. As Cryptopolitan noted: “Some of the red flags that have been pointed out include how it has a big advertising budget but minimal GitHub activity, with near-empty repositories, and real infrastructure progress is hard to track.”

This lack of development activity is particularly damning for the BlockDAG presale scam, which claims to be building revolutionary technology. Real blockchain projects show consistent GitHub commits, active development, and transparent progress. The BlockDAG scam shows none of these.

The Never-Ending BlockDAG Presale Scam

Perhaps the most glaring red flag of the BlockDAG scam is the presale’s extraordinary duration. OneSafe Blog captured the community sentiment perfectly:

“When presales last as long as BlockDAG’s, it can make your trust in the project waver. I mean, come on, 1.5 years without delivering something concrete? It raises a lot of eyebrows. Many of us are starting to see these long stretches of fundraising as signs that something’s off.”

The BlockDAG presale has been running for over 18 months, consistently claiming to be ending “soon” while continuing to raise funds. BitMarkup’s analysis confirms: “This extended timeline is highly unusual in the cryptocurrency space and follows patterns seen in previous exit scams where projects delay mainnet launches while continuing to collect investor funds.”

One frustrated investor on Trustpilot perfectly captured the BlockDAG presale scam’s endless nature:

“My crystal ball says that Blockdag don’t intend to go live on the crypto exchanges until they have reached their $600M target. So expect them to keep on pushing this never ending presales scheme for another 12 to 24 months.”

Another reviewer expressed their frustration with the BlockDAG ICO scam’s tactics:

“Never ending pre-sale phase. ‘Now final phase’ after another. better to send your Coins to 0x00000000000”

The BlockDAG ICO scam has perfected the art of the perpetual presale. As CryptoNews reported: “Despite raising over $425.03M in presale, its launch has been repeatedly delayed — initially promised for June, then August, and now pushed further with no clear end.”

This tactic is a hallmark of the BlockDAG scam: keep collecting money while never delivering a product. It’s the crypto equivalent of a Ponzi scheme, where new investor money keeps the illusion alive while the BlockDAG presale scam operators continue extracting funds.

Unverifiable Fundraising Claims

Despite claims of raising $375 million, there is no publicly verifiable on-chain proof of these fundraising figures. This absence of transparent blockchain evidence is particularly concerning for a project that positions itself as a blockchain innovation leader.

The discrepancies in reported figures are troubling. LBank’s own BDAG ICO announcement has several strange features: it claims that the event is already over, leaves several key numbers blank, and reports that the ICO raised $600 million. That is substantially higher than the reported presale success.

Part 2: The BlockDAG Scam’s Marketing Machine vs. Development Reality

Excessive Marketing: How the BlockDAG Presale Scam Buys Credibility

The BlockDAG scam has perfected the art of marketing over substance. TheHolyCoins’ investigation revealed the shocking extent of the BlockDAG presale scam’s marketing blitz:

“The BlockDAG project has employed extensive marketing through sponsored articles and press releases, accompanied by what appears to be very professional and likely costly video productions.”

A critical question was raised by investigators and echoed across Reddit discussions. As CryptoManiaks reported:

“Why would a crypto presale project spend so much money and effort on marketing at the expense of research and development?”

CryptoManiaks documented the BlockDAG ICO scam’s spending spree: “It has also published paid advertisements and promotions on social networks such as Facebook and Instagram, as well as crypto influencer endorsements on YouTube. The crypto project also claims to have sponsored major European soccer teams and a famous boxer, spending millions on these partnerships.”

Reddit users have been particularly critical of this approach. One user’s observation, highlighted in CryptoManiaks’ investigation, stated:

“BlockDAG Reddit user claims: Some worry that the project’s primary goal is attracting new investors rather than delivering a functional blockchain.”

The answer is obvious: the BlockDAG presale scam isn’t building technology—it’s building a facade.

Fake Endorsements: The BlockDAG ICO’s Web of Deception

Alexander Mirvis’s investigation uncovered the depths of the BlockDAG scam’s deception:

“BlockDag Coin employs a range of deceitful marketing tactics, including the use of fake actors from Fiverr and Cameo. These paid actors are hired to pose as project team members or satisfied investors, creating an illusion of legitimacy and success.”

The report continues with more damning evidence of the BlockDAG presale scam: “Furthermore, the photos of famous individuals purportedly endorsing BlockDag Coin are often stolen from their social media accounts without their consent.”

CryptoManiaks’ analysis revealed another layer of deception:

“BlockDAG’s promotional materials claim recognition from major financial and crypto news outlets, including CoinTelegraph, Forbes, and Bloomberg. However, a review of these references suggests that the mentions stem from paid press releases rather than independent endorsements.”

The Fake Mining App: BlockDAG Scam’s Mobile Deception

Perhaps nothing exposes the BlockDAG ICO scam more clearly than its fake mining application. Alexander Mirvis’s technical analysis revealed:

“The project claims to offer a mobile application that allows users to mine BlockDag Coin directly from their smartphones. However, thorough testing using Wireshark and process trackers has revealed that this so-called mobile miner is completely fake. The app does not perform any real mining operations; instead, it merely simulates activity to deceive users into thinking they are earning coins.”

This fake mining app is a cornerstone of the BlockDAG presale scam, giving victims false hope while the BlockDAG scam operators extract real money.

Part 3: Team Transparency and Timeline Issues

Anonymous Core Team

While BlockDAG has announced CEO Antony Turner, much of the core team remains anonymous. The project has repeatedly promised “doxxing events” to reveal team members, with dates being pushed back multiple times. This lack of transparency contradicts best practices for legitimate cryptocurrency projects.

While Turner began his work with BlockDAG Network in June 2023, according to his LinkedIn profile, the rest of the team joined much later—the CSO and advisor joined in May 2024, and the CTO only came on board in October. This raises questions: who handled BlockDAG’s whitepaper, tokenomics, marketing, and early development before these key figures joined?

Unrealistic Development Timeline

According to the roadmap on BlockDAG’s website, development of the blockchain Layer-1 network began in January 2024, with the mainnet scheduled for completion by November 2024. This timeline seems overly optimistic. Completing a Layer-1 blockchain in just 11 months is almost unheard of. For comparison, BlockDAG’s “older sister”, Kaspa, took eight years from inception to launch.

Part 4: Community Outrage Over the BlockDAG Presale Scam

Trustpilot Reviews Paint a Grim Picture of BlockDAG ICO Victims

The BlockDAG scam has left a trail of devastated investors. Trustpilot reviews reveal the human cost of the BlockDAG presale scam:

“BlockDAG is a scam. I spent 1000euros. Don’t do my mistake please. Stay away from this company that does not have even the licence to sell what they are selling.”

“BlockDag is a Scam. They just scammed me, my account reads zero, while I had $1700 tokens worthy. There is no history of any transaction. Someone should stop them. I did some research and looks like everyone is going through the same situation.”

“SCAM!SCAM!SCAM! they blocked me from the community when I requested for my tokens just stay away from this platform…………Don’t be afraid to seek help I refused to let them go away with my money”

“Endless countdowns to nothing. They have just said price is going up 1700% and then give a 2000% bonus on the new price. And this is a 100% genuine negative feedback.”

One particularly insightful review predicted the BlockDAG presale scam’s strategy:

“My crystal ball says that Blockdag don’t intend to go live on the crypto exchanges until they have reached their $600M target. So expect them to keep on pushing this never ending presales scheme for another 12 to 24 months.”

Reddit and X (Twitter) Users Sound the Alarm on BlockDAG Scam

Reddit users have been particularly vocal about the BlockDAG presale scam. As Cryptopolitan reported, one Reddit user exposed the withdrawal fee scam:

“No legit company forces you to pay a ‘fee’ or ‘taxes’ to withdraw money. That’s just a scam to suck more money out of you.”

Multiple X (Twitter) users have reported being victims of the BlockDAG ICO scam. According to reports compiled by ZachXBT, users have been desperately tagging him for help:

“There has also been a surge of impersonator and scam presale sites, which security analysts say can drain wallets upon connection, with reports from X users who say they have been scammed. ZachXBT claims users have tagged him to intervene with BlockDAG.”

One Reddit discussion highlighted by OneSafe Blog captured the community’s frustration:

“There’s a lot of chatter about it. They claim to be the next big Layer-1 blockchain, backed with significant funding and partnerships. But then you look closer and see some red flags popping up. BlockDAG’s GitHub activity is almost non-existent, which is puzzling considering their large advertising budget.”

CryptoNews summarized the social media sentiment: “On Reddit and X, people are divided. Some users are hopeful, while others are skeptical about the extended presale and the delayed launch date set for the end of September.”

CoinCentral’s investigation summarized the community sentiment: “ZachXBT’s allegations, combined with 18 months of presale activity, shifting launch dates, a 2.5-star Trustpilot rating, and Gridinsoft’s 30/100 trust score, raise serious concerns about BlockDAG’s legitimacy.”

Community Censorship: The BlockDAG Scam’s Information Control

The BlockDAG presale scam employs Soviet-style censorship to maintain its facade. According to Alexander Mirvis’s exposé:

“BlockDag Coin’s Telegram group is characterized by shady practices. Any attempt to question the legitimacy of the project is met with immediate bans, effectively silencing critics and preventing meaningful discussion.”

The report continues: “Additionally, the channel is often flooded with graphics and promotional material, drowning out any critical voices and creating an illusion of activity and engagement. This aggressive censorship and manipulation of community interaction are indicative of a scam.”

Part 5: Regulatory Warnings and Fake BlockDAG Presale Sites

The Proliferation of Fake BlockDAG Scam Websites

The BlockDAG presale scam has spawned an entire ecosystem of fraudulent websites designed to steal from desperate investors. PCRisk’s security warning documented one such site:

“We have inspected the page block-dagxyznetwork.ive and discovered that it promotes a fake presale of BlockDAG coins. This website is designed by scammers who seek to lure unsuspecting individuals into taking action that could result in significant financial losses.”

The report explains how these BlockDAG scam sites operate:

“Scammers behind block-dagxyznetwork.live seek to trick individuals into believing that the site is a legitimate platform offering to join a BlockDAG coin presale. The true intention of this scam web page is to lure individuals into thinking they need to connect their wallets to get BlockDAG coins at a low price. In reality, connecting a wallet on this site signs a malicious contract that activates a cryptocurrency drainer.”

X (Twitter) users have been reporting these fake BlockDAG ICO sites in droves. As reported by multiple sources:

“There has also been a surge of impersonator and scam presale sites, which security analysts say can drain wallets upon connection, with reports from X users who say they have been scammed.”

BitMarkup’s investigation confirmed the scale of the problem: “The proliferation of fake BlockDAG presale sites that drain investor wallets upon connection indicates the project has attracted significant scam activity. While this could happen to any popular project, the volume and persistence of these scams raise additional concerns.”

Regulatory Warnings About the BlockDAG Presale Scam

Multiple financial regulatory authorities have issued warnings about BlockDAG: The Financial Conduct Authority (FCA) has placed BlockDAG on its list of “unauthorized firms,” warning investors they will not have access to compensation schemes if issues arise. The Securities and Exchange Commission (SEC) has highlighted concerns over unregistered token sales.

Regulatory frameworks in places like Europe and Asia are also starting to take notice of these prolonged presales. In Europe, the MiCA regulation is coming in hot with strict KYC requirements and a push for more transparency in crypto transactions.

Part 6: The Defense – What BlockDAG Claims

Despite the overwhelming criticism, BlockDAG and its supporters point to certain achievements:

Audit reports confirm that vulnerabilities identified early were addressed before public rollout, something that scam operations never bother to do. From testnet stress testing to miner integration via the Stratum Protocol, the project shows verifiable technical execution, refuting allegations of fabrication or evasion.

CEO Antony Turner, CTO Jeremy Harkness, and Head of Security Dr. Youssef Khaoulaj have each appeared in video briefings, AMAs, and keynote events. The project also maintains a visible marketing presence, including a public partnership with the BWT Alpine Formula 1® Team, secured through Playfly Sports.

However, critics argue these limited positives are vastly outweighed by the numerous red flags.

Part 7: How to Identify and Avoid Crypto Presale Scams

The 10 Critical Red Flags

Based on expert analysis and historical patterns, here are the most important warning signs to watch for:

Extended Presale Duration: Crypto scams encountered during crypto presales include phishing scams where scammers commonly use phishing to deceive individuals into revealing sensitive information by impersonating a legitimate website or service. Any presale lasting over 6 months should raise serious concerns.
Unverifiable Fundraising Claims: Unverified or upgradeable contracts with hidden admin powers where the token contract is not verified, proxy pattern with undisclosed admin, and owner can mint, pause, blacklist, or change fees.
Anonymous or Unverified Teams: Anonymous Team: If the project team is not publicly known, it’s a major red flag. In most legit projects, team members show their identities. They may connect their LinkedIn profiles to display their experience.
Plagiarized Documentation: No Whitepaper or Roadmap: Scams often provide vague or plagiarized documents. Always check whitepapers against existing projects.
Unrealistic Promises: Unrealistic Promises: If they guarantee “1000x gains,” it’s too good to be true. Does the project claim you’ll get 100 times returns in a week? Are they putting words like “guaranteed” or “no risk”? That’s suspicious.
Excessive Marketing vs. Development: Projects relying heavily on marketing hype without real information or technology usually fail. Too much marketing effort with little technical substance can be a red flag.
Fake Audits: One of the oldest tricks in the presale scam playbook is faking a smart contract audit. They’ll slap a CertiK or SolidProof badge on their website, but clicking it leads nowhere, or to a plagiarized PDF from another project.
Community Censorship: Be aware of groups that ban people from everyday questions. That’s a big sign that it can be a crypto presale scam.
Pressure Tactics: Scammers want to grab your money fast. They’ll often say, “The presale ends tomorrow,” or “Only a few tokens left!” while also saying you’ll miss a life-changing revenue if you don’t start right now.
No Working Product: No Smart Contract Audit: Legit projects get audits from firms like CertiK or Hacken. Look for actual testnet activity, not just promises.

Due Diligence Checklist

Before investing in any crypto presale, follow this comprehensive checklist:

Team Verification

Verify team members on LinkedIn
Check previous project involvement
Look for video AMAs and public appearances
Search for team members’ professional history

Technical Analysis

Review whitepaper for originality
Check GitHub activity and code commits
Verify smart contract audits from reputable firms
Test any available products or testnets

Community Assessment

Join official Telegram/Discord channels
Observe how questions are handled
Look for organic vs. bot activity
Check independent community discussions on Reddit

Financial Transparency

Verify on-chain fundraising data
Check token distribution and vesting schedules
Review tokenomics for sustainability
Look for clear use of funds breakdown

Regulatory Compliance

Check for regulatory warnings
Verify KYC/AML procedures
Look for legal entity registration
Review terms and conditions

Expert Recommendations for Safe Investing

Crypto presales require a strategic approach. Investors can spot subtle red flags through proper research. This helps protect against potential scams in the cryptocurrency landscape.

Never Invest More Than You Can Afford to Lose: The golden rule of crypto investing applies doubly to presales.
Use Secure Wallets: Use a Trusted Wallet: Don’t send money from anonymous wallets. Use well-known crypto wallets like Coinbase Wallet, MetaMask, Trust Wallet, or something established like that.
Diversify Your Investments: Presales are high‑variance. One winner can pay for 10 near‑misses—but you only survive variance with breadth and position caps.
Join Multiple Communities: Smart investors tap into collective knowledge. Engaging with crypto communities offers valuable insights. These insights can shield you from scams and guide your investment choices.
Report Suspicious Activity: If you’re in the USA, you can report to the Federal Trade Commission (FTC). In the UK, you can use Action Fraud. Different countries have different Consumer Protection departments, so find the one that is relevant to you.

Additional Resources: Investigations into the BlockDAG Scam

Major Investigation Reports on BlockDAG Presale Scam:

Security Warnings About BlockDAG ICO Scam:

Educational Resources on Avoiding Crypto Scams:

Part 8: The Verdict on BlockDAG – What Analysts Are Saying

Multiple cryptocurrency analysts have reached damning conclusions about the BlockDAG presale scam. BitMarkup’s comprehensive investigation concluded:

“The question ‘Is BlockDAG a scam?’ cannot be answered definitively without access to internal project data and complete financial records. However, the evidence presents a concerning pattern: Extended presale duration with unverified funding claims… The preponderance of evidence suggests that potential investors should exercise extreme caution.”

CryptoManiaks’ analysis was even more direct:

“Based on available evidence, BlockDAG exhibits multiple hallmarks of a scam. BlockDAG Network’s rapid fundraising and heavy promotional efforts have drawn significant attention, but the concerns surrounding its marketing spending, questionable media references, and whitepaper similarities cannot be ignored.”

TheHolyCoins’ verdict on the BlockDAG ICO scam stated:

“Although we cannot definitively determine if a project is a scam, we can make an informed estimate based on available information. For us, the number of questionable signs means it’s best to stay away from the BlockDAG blockchain.”

Crypto Daily’s assessment of the BlockDAG presale scam was particularly scathing:

“BlockDAG isn’t proven to be a scam, but its massive presale raise is unverified and the project appears to lean heavily on marketing. Until we see active code, token launches, and on-chain funding, it’s a speculative gamble at best.”

Based on the extensive evidence gathered from multiple sources, security analysts, and community feedback, BlockDAG exhibits numerous characteristics consistent with cryptocurrency scams:

18+ months of the BlockDAG presale with constantly shifting deadlines
Unverifiable fundraising claims for the BlockDAG ICO ranging from $214M to $600M
Plagiarized whitepaper content stolen from Kaspa
Zero meaningful GitHub activity despite the BlockDAG scam’s massive claimed funding
Anonymous core team hiding behind the BlockDAG presale facade
Excessive marketing spending to promote the BlockDAG scam vs. actual development
Fake mobile mining application in the BlockDAG ICO ecosystem
Aggressive community censorship to protect the BlockDAG presale scam
Multiple regulatory warnings about the BlockDAG scam from authorities
Devastating user reviews from BlockDAG presale scam victims
Proliferation of fake BlockDAG scam websites draining wallets

While the project produced a testnet and audit reports, the lack of on-chain fundraising proof, concrete deliverables, and functional token withdrawals suggests investors should exercise extreme caution.

Conclusion: Don’t Let the BlockDAG Scam Claim You as Its Next Victim

The BlockDAG presale scam represents everything wrong with cryptocurrency today. The BlockDAG ICO has masterfully combined plagiarized technology, fake marketing, censored communities, and endless delays to create what may be one of the largest presale scams in crypto history. The evidence against the BlockDAG scam is overwhelming and undeniable.

Metaverse Post’s analysis tried to find positives but even they admitted the concerns are substantial. The BlockDAG presale scam has now dragged on for so long that even supporters are losing faith.

The BlockDAG scam serves as a cautionary tale for the broader cryptocurrency investment community. As OneSafe Blog warned: “As the crypto market continues to develop, the response to BlockDAG is reflective of a growing trend of skepticism and cautious optimism.”

Final Verdict on the BlockDAG Presale Scam

Based on extensive evidence from CryptoManiaks, BitMarkup, TheHolyCoins, and numerous other sources, the BlockDAG ICO exhibits virtually every characteristic of a sophisticated exit scam:

18+ months of the BlockDAG presale with constantly shifting deadlines
Unverifiable fundraising claims for the BlockDAG ICO ranging from $214M to $600M
Plagiarized whitepaper content stolen from Kaspa
Zero meaningful GitHub activity despite the BlockDAG scam’s massive claimed funding
Anonymous core team hiding behind the BlockDAG presale facade
Excessive marketing spending to promote the BlockDAG scam vs. actual development
Fake mobile mining application in the BlockDAG ICO ecosystem
Aggressive community censorship to protect the BlockDAG presale scam
Multiple regulatory warnings about the BlockDAG scam from authorities
Devastating user reviews from BlockDAG presale scam victims

The BlockDAG scam isn’t just another failed project—it’s a carefully orchestrated fraud designed to extract maximum value from unsuspecting investors. The BlockDAG presale scam continues because new victims don’t know what we’ve uncovered here.

Protect Yourself from the BlockDAG ICO Scam and Others Like It

Don’t become another statistic in the BlockDAG presale scam’s victim list. As Cryptsy’s guide emphasizes: “In crypto, an engaged community isn’t just nice to have—it’s a fundamental indicator of project credibility.”

The BlockDAG scam lacks this fundamental indicator and every other sign of legitimacy. If you’ve invested in the BlockDAG presale, consider it a loss and learn from the experience. If you’re considering investing in the BlockDAG ICO, don’t. There are legitimate projects with transparent teams, verifiable code, and real products.

Remember the golden rule when evaluating projects like the BlockDAG scam: When multiple red flags appear, the wise investor walks away, regardless of promised returns. The BlockDAG presale scam may promise the moon, but all it delivers is heartbreak and empty wallets.

Report the BlockDAG Scam: If you’ve been victimized by the BlockDAG presale scam, report it to the FTC (USA), Action Fraud (UK), or your local authorities. Every report helps prevent the BlockDAG ICO scam from claiming more victims.

The BlockDAG scam will eventually collapse—they always do. Don’t be holding the bag when it happens.

Disclaimer: This article is for educational and informational purposes only and should not be considered financial or investment advice. The analysis of the BlockDAG presale scam is based on publicly available information and expert opinions as of October 2025. Always conduct your own research before making investment decisions.