Sahil Arora: The Cryptocurrency Influencer Who Onboarded Celebrities Into Crypto

Cryptocurrency influencers and celebrities continue to be controversial, mainly because of their role in token pumps. The latest figure to come under scrutiny is Sahil Arora

Cryptocurrency influencers and celebrities continue to be a controversial topic, largely due to their involvement in token pumps. The latest figure to come under scrutiny is Sahil Arora, a Dubai-based crypto entrepreneur who has become known for launching tokens that are endorsed by celebrities.

While some reports have suggested that Arora has made massive profits from these ventures, a closer examination of the evidence reveals a more nuanced picture.

2/ Sahil Arora, born in India and now living in Dubai, gained attention this cycle for onboarding celebs into crypto.

Most notably:

• Mayweather • Caitlyn Jenner • Iggy Azalea • Jason Derulo • Amber Rose • Lil Pump • Davido • Sunny Leone • Bobbi Althoff • Trippie Redd pic.twitter.com/ddXM9vRipS

— Bubblemaps (@bubblemaps) August 14, 2024

Breaking Down the Sahil Arora Investigation

Blockchain analysis firm Bubblemaps initially reported that Arora has made $26.4 million from his celebrity-endorsed token launches so far in 2024.

However, prominent crypto investigator ZachXBT quickly raised concerns about this claim, estimating that Arora's actual earnings are likely much lower, possibly in the range of $2-3 million at most.

Ya I found the issue with your investigation @bubblemaps you counted this address as Sahil’s when in reality it is an exchange hot wallet for Poloniex.

7Ci23i82UMa8RpfVbdMjTytiDi2VoZS8uLyHhZBV2Qy7

Not sure how you arrived at the conclusion this was his normal address since… pic.twitter.com/px3w88sYM2

— ZachXBT (@zachxbt) August 14, 2024