CZ, Powell and more rally to fund legal fees for on-chain sleuth ZachXBT, surpassing $1M
Simply one day after ZachXBT shared the link to the donation wallet address on Twitter, he has currently exceeded the $1 million mark in contributions.ZachXBTs contribution wallet balance. Source: Zapper.xyzCointelegraph formerly reported in October 2022 that the French authorities had actually made use of ZachXBTs research to charge 5 people on suspicion of stealing $2.5 million worth of nonfungible tokens (NFT) by means of phishing scams.Magazine: Opinion: GOP crypto maxis nearly as bad as Dems anti-crypto army
He added that the suit “is sickening,” but he “understood one day” it would occur, as that is “the rate” of honesty.” The cost of informing the truth is sometimes individuals dislike what you say” he tweeted.Related: Crypto phishing rip-offs: How users can stay protectedSeveral crypto executives contributed to ZachXBT and applauded him for his work in the crypto and web3 industry.Changpeng “CZ” Zhao, CEO of crypto exchange Binance praised ZachXBT in a tweet telling him to “keep the market transparent,” along with a promise that Binance will “contribute $50K” to his legal fees.Jesse Powell, co-founder of crypto exchange Kraken, also thanked ZachXBT for “all that” he does, specifying he would be donating 10 Ethereum (ETH) (approx.– Jesse Powell (@jespow) June 18, 2023
In the post, ZachXBT accused Huang of releasing over “over 10 stopped working pump and dump tokens and NFT jobs.– ZachXBT (@zachxbt) June 16, 2023
” The rate of telling the truth is sometimes people dislike what you say” he tweeted.Related: Crypto phishing rip-offs: How users can stay protectedSeveral crypto executives donated to ZachXBT and applauded him for his work in the crypto and web3 industry.Changpeng “CZ” Zhao, CEO of crypto exchange Binance praised ZachXBT in a tweet informing him to “keep the market transparent,” along with a pledge that Binance will “contribute $50K” to his legal fees.Jesse Powell, co-founder of crypto exchange Kraken, also thanked ZachXBT for “all that” he does, specifying he would be contributing 10 Ethereum (ETH) (approx.
In the post, ZachXBT implicated Huang of launching over “over 10 failed pump and dispose tokens and NFT jobs. He set up a donation wallet address for his followers to help with the legal charges, which he believes might “quickly go beyond” $1 million.3/ I am developing a contribution address to help with legal expenses associated with the defense of this matter, which could quickly go beyond $1m USD.– ZachXBT (@zachxbt) June 16, 2023