Shocking Claim: They Committed Fraud With Elon Musk's Project!

fig researcher ZachXBT claimed that the GROK token issued for Elon Musk's artificial intelligence initiative was a fraud.

A new event in the crypto industry created a bombshell effect. An anonymous cryptocurrency released on behalf of Elon Musk's artificial intelligence initiative Grok AI dropped by nearly 50 percent. The decline in question deepened with the claims of on-chain researcher ZachXBT.

#elonMusk introduced a new artificial intelligence initiative, Grok AI. The project in question was launched as a ChatGPT-like platform. On the other hand, crypto entrepreneurs started to issue cryptocurrencies using the name Grok AI. Among a number of cryptocurrencies, a token called #Grok gained 13,000 percent and gained attention behind it.

GROK, which attracted the attention of crypto investors, was shaken by a sensational event that came to the fore during the day. On-chain researcher #ZachXBT claimed that the people who created the GROK token, which reached a market value of $160 million, were fraudsters. After the project was labeled a fraud, the GROK price dropped by nearly 50 percent.

ZachXBT stated that the X account that created the #GROK token was used to create a new cryptocurrency. Allegedly, this anonymous person creates many cryptocurrencies and performs rug pull (fraud) instantly.

GROK, which is also offered for trading on central stock exchanges, dropped from $0.02 to $0.01 due to the impact of fraud allegations. Thousands of crypto investors suffered. As Coinkolik, we stated the other day that GROK token experienced an increase of nearly 13 thousand percent and alarm bells were ringing. Exactly the day after this news, GROK experienced a decline that victimized thousands of investors.
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