On-chain detective ZachXBT releases an investigation claiming that Gurhan Kiziloz, the so-called co-founder of Spartans, is also the behind-the-scenes operator of the suspicious project Blockdag Network, which has raised over $300 million from retail investors through social media advertising promising unrealistic returns and false partnerships. ZachXBT points out that the token sale of Blockdag has been ongoing for more than two years, during which Gurhan transferred pre-sale funds through Middle Eastern OTC channels and lavishly spent on luxury cars, mansions, and luxury watches.