Crypto sleuth ZachXBT sued in defamation case, invites donations

2023-6-17 03:58

ZachXBT, an on-chain crypto “sleuth”, is named in a June 15 lawsuit that alleges he published a defamatory article.

Crypto entrepreneur Machi Big Brother wrote on June 16:

A year ago, [ZachXBT] published a Medium article about me that damaged my reputation … I have consistently maintained that the allegations in his article are false. I look forward to proving through the lawsuit that [he] unlawfully defamed me.

ZachXBT’s 2022 article specifically accuses Machi of embezzling 22,000 ETH ($37.8 million) from a crypto project called Formosa Financial in 2018.

Machi’s case filing contests that ZachXBT is responsible for “publishing and maliciously promoting” allegedly false claims that damaged the reputation of the plaintiff.

ZachXBT establishes legal fund

ZachXBT responded on June 16 by stating that Machi’s lawsuit is a “baseless and attempt to chill free speech.” He added that he intends to fight the case.

ZachXBT highlighted the cost of legal defense and said that expenses could be more than $1 million. He noted that Machi is “very wealthy.” In order to offset this, ZachXBT opened a cryptocurrency donation address, noting that funds that are not spent on his legal defense will be returned to donors.

The case was filed in the U.S. District Court for the Western District of Texas.

The post Crypto sleuth ZachXBT sued in defamation case, invites donations appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 4.67 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0095806 (-100%)

crypto zachxbt published sleuth june medium false

crypto zachxbt → Результатов: 25


Morgan DF Fintoch goes radio silent after rugging $31.6M

Crypto investment platform Morgan DF Fintoch allegedly stole $31.6 million worth of user funds in an apparent exit scam on May 22, on-chain sleuth Zachxbt reported May 24. On-chain data shows the funds — mainly USDT on BSC — were bridged to multiple addresses on TRON and Ethereum during the afternoon of May 22 — […] The post Morgan DF Fintoch goes radio silent after rugging $31.6M appeared first on CryptoSlate.

2023-5-26 22:03


Lark Davis denies ZachXBT’s accusations of profiteering from his followers by shilling low-cap tokens

Crypto influencer Lark Davis has denied accusations of “pumping and dumping” low-cap crypto projects on his followers in a series of 19 Twitter posts published on September 30. The post Lark Davis denies ZachXBT’s accusations of profiteering from his followers by shilling low-cap tokens appeared first on CryptoSlate.

2022-10-1 19:00


Известный аналитик Ларк Дэвис мог участвовать в схемах Pump & Dump

Исследователь под ником ZachXBT создал ветку обсуждений в Twitter, в которой обвинил криптоинвестора и блогера Ларка Дэвиса в неоднократном участии в схемах Pump & Dump. 1/ An investigation into how crypto influencer @thecryptolark promotes low cap projects to his audience just to dump on them shortly after.

2022-9-30 13:43


CryptoSlate Wrapped Daily: Warner Music partners with OpenSea, Druckenmiller sees ‘big role’ for cryptocurrency as central bank trust evaporates

The biggest news in the cryptosphere for September 29 includes investor Stanley Druckenmiller saying cryptocurrency has a big role to play as trust in central banks declines, ZachXBT alleging that crypto influencer Lark Davis profited over $1 million from dumping low-cap crypto projects and Warner Music teaming up with OpenSea to allow artists extend their […] The post CryptoSlate Wrapped Daily: Warner Music partners with OpenSea, Druckenmiller sees ‘big role’ for cryptocurrency as central bank trust evaporates appeared first on CryptoSlate.

2022-9-30 01:31