News

Justin Sun Donates 10,000 TUSD To Independent On-chain Detective ZachXBT

Key Points:

  • Tron founder and Huobi advisor Justin Sun announced he would donate 10,000 TUSD to crypto detective ZachXBT.
  • Sun said he appreciates Zach’s significant contribution to blockchain security and his crucial role in guiding users to secure assets.
  • ZachXBT is embroiled in a MachiBigBrother lawsuit alleging defamation.
Famous crypto player Justin Sun has announced he will donate 10,000 TUSD to crypto detective ZachXBT as he faces a defamation lawsuit.

An hour ago, Justin Sun, founder of TRON and a Huobi’s Global Advisory Committee member, announced on Twitter that he would be donating 10,000 TUSD to ZachXBT. Sun said that while he is not a legal expert himself, he takes Zach’s significant contribution to blockchain security very seriously and his crucial role in guiding users to protect their funds.

It is reported that today NFT trader MachiBigBrother (Huang Licheng or Jeffrey Huang) sued independent blockchain detective ZachXBT for defaming MachiBigBrother for manipulating the cryptocurrency market and embezzling 22,000 Ethereum, worth tens of millions of dollars. la. The lawsuit seeks damages and reimbursement of legal costs.

Zach responded on Twitter that the lawsuit is baseless and stifles freedom of expression. At the same time, the on-chain detective launched a public donation to raise $1 million to help pay for legal fees related to the defense of the case.

If in the end, the remaining amount will be returned to the sponsor pro rata. Many influential people share support for Zach. Currently, the relevant donation addresses have received hundreds of thousands of dollars worth of crypto donations.

The detective who rose to fame in the crypto community by publishing original blockchain data analytics exposes the wrongdoing of bad guys in the decentralized finance and Web3 space. His investigations have resulted in real-world arrests and earned him a spot on Consensus Magazine’s 2022 Most Influential People list.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Foxy

Coincu News

Victor

Recent Posts

Bonk’s ICO Was Just the Start: Why BTFD Coin’s Stage 7 Price Rollback Is Your Second Shot at Crypto Glory

BTFD Coin is offering a chance to relive the glory days of meme coin investing,…

28 minutes ago

Decoding BDAG’s AMA: A Blueprint for Scalable Blockchain and Enhanced Community Ties

Explore key takeaways from BlockDAG’s AMA, showcasing strides in scalability, growth of the ecosystem, and…

43 minutes ago

Best Cryptos with 1000X Potential: Qubetics Revolutionises Blockchain as Polkadot and Cosmos Shape the Future

Discover why Qubetics, Polkadot, and Cosmos are the best cryptos with 1000X potential, offering innovation,…

4 hours ago

Best Coins to Buy in December 2024: Qubetics Offer 630% ROI, Polkadot Delivers on Interoperability and Near Protocol’s Scalability is Talk of the Town

Explore the best coins to buy in December 2024—Qubetics with its thrilling presale, Polkadot’s interoperability,…

10 hours ago

Crypto Market Outlook 2025 Key Factors to Watch

The Crypto Market Outlook 2025 highlights key areas: stablecoin growth, tokenization, crypto ETFs, DeFi innovation,…

13 hours ago

Bitcoin Quantum Computing Threat Expected to Take Decades

The Bitcoin quantum computing threat is years away, but reserves already support post-quantum signatures via…

13 hours ago

This website uses cookies.