The only legitimate Bureau site is mbi.network. Always verify the URL in your browser before connecting your wallet or signing anything. Phishing clones are everywhere. If it is not mbi.network, it is not us.
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| Date First Promoted SPX6900 | Mid-2024 |
| Place of Birth | Azerbaijan |
| Nationality | Azerbaijani |
| Age | Late 30s |
| Sex | Male |
| Race | White / Caucasian |
| Hair | Dark |
| Eyes | Brown |
| Education | Princeton University (graduate) |
| Prior Career | Briefly Goldman Sachs · ran failed crypto fund (2018) · on-chain analyst writer |
| Public Thesis | "Memecoin Supercycle" (Token2049, Sept 2024) |
| Top Pick | $SPX6900 ("biggest memecoin in world history") |
| Other Promoted Tokens | $GIGA (Gigachad), $APU (Apu Apustaja), $MIN |
| Wallets Reportedly Doxxed by ZachXBT | 11 separate wallets |
| Reported Memecoin Holdings (peak) | ~$70,000,000 unrealized |
| Reported Capital Invested | ~$1,860,000 |
| Reported Unrealized Profit (peak SPX) | ~$66,000,000 |
| Notable Allegation (ZachXBT) | $MIN purchased ~1 hour before public announcement |
| Blockchain | Solana, Ethereum |
The Bureau is offering up to 1,000,000 $MBI for verified, on-chain information regarding undisclosed token positions and the public accountability of Murad Mahmudov.
Mahmudov's public profile centers on his "memecoin supercycle" thesis — a framework arguing that meme-based tokens function as digital cults rather than financial assets. He has been a prolific X presence under the handle @MustStopMurad. Following the public doxxing of his wallets, Mahmudov was reportedly unable to take significant profits at peak prices without alienating the token communities he had cultivated.
In 2024, blockchain investigator ZachXBT publicly identified 11 separate wallets allegedly controlled by Mahmudov, with combined holdings reported at approximately $24M at the time. ZachXBT alleged Mahmudov was making bold memecoin predictions "while controlling the supply." Specifically cited was a wallet purchase of $MIN tokens approximately one hour before Mahmudov publicly announced acquiring 1% of the supply, fitting a pattern consistent with front-running.
By July 2025, on-chain aggregator DropsTab reported Mahmudov's memecoin holdings had grown to over $70M in unrealized value on roughly $1.86M of capital deployed. His top winner, $SPX6900, surged over 10,500% in the prior year. In February 2025, rumors circulated of a $20M secret OTC sale of $SPX to Galaxy Digital; Galaxy's Head of Research Alex Thorn publicly denied the claim, calling the supporting images forgeries. Mahmudov has not been charged with any offense, and the allegations remain matters of public dispute.
If you have any information concerning this person, including wallet addresses, transaction hashes, or insider communications, please contact the Bureau through the official channels below.
Field Office: KOL Forensics Division
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