According to Wu, on-chain detective ZachXBT tweeted that BlockDAG Network is a fraudulent project / investment scheme. It stated that the project has been in presale for more than 1.5 years, claiming that the presale is "about to" end, while regularly transferring investor funds to various exchange accounts and using false data marketing to increase retail investor FOMO.

🎤 Cheer for Your Idol · Gate Takes You Straight to Token of Love! 🎶
Fam, head to Gate Square now and cheer for #TokenOfLove# — 20 music festival tickets are waiting for you! 🔥
HyunA / SUECO / DJ KAKA / CLICK#15 — Who are you most excited to see? Let’s cheer together!
📌 How to Join (the more ways you join, the higher your chance of winning!)
1️⃣ Interact with This Post
Like & Retweet + vote for your favorite artist
Comment: “I’m cheering for Token of Love on Gate Square!”
2️⃣ Post on Gate Square
Use hashtags: #ArtistName# + #TokenOfLove#
Post any content you like:
🎵 The song you want to he

✈️ Gate Square | Gate Travel Sharing Event is Ongoing!
Post with #Gate Travel Sharing Ambassadors# on Square and win exclusive travel goodies! 💡
🌴 How to join:
1️⃣ Post on Square with the hashtag #Gate Travel Sharing Ambassadors#
2️⃣ You can:
Share the destination you most want to visit with Gate Travel (hidden gems or hot spots)
Tell your booking experience with Gate Travel (flights/hotels)
Drop money-saving/usage tips
Or write a light, fun Gate Travel story
📦 Prizes:
🏆 Top Ambassador (1): Gate Travel Camping Kit
🎖️ Popular Ambassadors (3): Gate Quick-Dry Travel Set
🎉 Lucky Participant