ZachXBT warns investors to stay away from Gurhan Kiziloz related projects On April 9th, according to ZachXBT, it was revealed that Gurhan Kiziloz, suspected co-founder of Spartans, is the behind the scenes leader of Blockdag Network. The project raised over $300 million from retail investors through social media advertising to promote unrealistic profit expectations and false partnerships. The token sale lasted for more than 2 years, and pre-sale funds were suspected to have been transferred through over-the-counter trading channels in the Middle East. During this period, Gurhan Kiziloz was accused of consuming a large amount of luxury goods such as luxury cars, real estate, and watches. ZachXBT was blocked by the other party after publicly claiming to be a true co-founder in October 2025, and Gurhan Kiziloz subsequently publicly admitted to participating. At least 10 to 15 victims have claimed to have suffered losses in the project. ZachXBT suggests investors stay away from all of its related projects.