Key Points:
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.
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