Influencer Ashcrypto Accused of ROYA Token Manipulation Scheme
ZachXBT links ROYA promotion to the alleged pump and dump trading pattern by Ashcrypto.RAVE case shows 6000% surge and 95% crash, wiping $6 billion in 48 hours.Tokenlon and related platforms flagged for links to suspicious and illicit fund flows. Crypto influencer Ashcrypto is facing criticism after on-chain investigator ZachXBT published findings alleging a coordinated trading pattern tied to the ROYA token. The claims center on Ashcryptos public promotion of ROYA, the native asset of Royale Finance, alongside private communications that appeared to contradict market behavior during the same period. According to ZachXBT, Ashcrypto publicly encouraged interest in ROYA while indicating continued accumulation. Messages reviewed by the investigator show Ashcrypto stating that his team was “holding 100%” of its position and “buying more,” even as market activity showed high selling pressure. Within hours of the public call, Ashcrypto reportedly questioned the sell-off, asking who was “selling like this.” ZachXBTs analysis shows that this sequence aligns with a pump-and-dump structure, where public endorsements drive short-term demand before positions are reduced. The investigator noted that tokens listed on centralized exchanges with limited liquidity are especially sensitive to such activity, as relatively small trades can move prices significantly. ZachXBT further stated that ROYA may not be an isolated