{"id":80385,"date":"2023-06-18T10:52:42","date_gmt":"2023-06-18T07:52:42","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=80385"},"modified":"2025-09-11T16:41:49","modified_gmt":"2025-09-11T13:41:49","slug":"on-chain-analyst-zachxbt-comments-on-defamation-suit-filed-against-him","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/on-chain-analyst-zachxbt-comments-on-defamation-suit-filed-against-him\/","title":{"rendered":"On-chain analyst ZachXBT comments on defamation suit filed against him"},"content":{"rendered":"<p>Taiwanese entrepreneur Jeffrey Huang (Machi Big Brother) has filed a defamation lawsuit against blockchain analyst ZachXBT.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">1\/ It\u2019s unfortunate I have to make this thread but I am being sued by MachiBigBrother for an article I published in June 2022.<\/p>\n<p>Today Machi filed the defamation lawsuit. The lawsuit is baseless and an attempt to chill free speech. I intend to fight back &#038; defend free speech. <a href=\"https:\/\/t.co\/anVY6zXU5a\">pic.twitter.com\/anVY6zXU5a<\/a><\/p>\n<p>\u2014 ZachXBT (@zachxbt) <a href=\"https:\/\/twitter.com\/zachxbt\/status\/1669783717236342785?ref_src=twsrc%5Etfw\">June 16, 2023<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The suit is related to a 2022 article in which ZachXBT accused Machi Big Brother of misappropriating 22,000 ETH from Formosa Financial, a crypto-asset management company, in 2018.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cA year ago, ZachXBT published a Medium article about me that damaged my reputation. Today I filed a defamation lawsuit against him. [\u2026] I have consistently asserted that the statements in his article are false. I look forward to proving this in court,\u201d wrote Huang.<\/cite><\/p><\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">I have consistently maintained that the allegations in his article are false. I look forward to proving through the lawsuit that <a href=\"https:\/\/twitter.com\/zachxbt?ref_src=twsrc%5Etfw\">@ZachXBT<\/a> unlawfully defamed me.<\/p>\n<p>\u2014 Machi Big Brother (@machibigbrother) <a href=\"https:\/\/twitter.com\/machibigbrother\/status\/1669780927072067584?ref_src=twsrc%5Etfw\">June 16, 2023<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>ZachXBT said that he intends to push back and defend free speech. He said that Machi Big Brother is very rich and uses his money to silence the on-chain analyst.<\/p>\n<p>The analyst created an <a href=\"https:\/\/etherscan.io\/address\/0x6eA158145907a1fAc74016087611913A96d96624\">address<\/a> for donations and asked the audience for help with legal costs, which \u201ccould easily exceed $1 million.\u201d He pledged to return any remaining assets proportionally to contributors.<\/p>\n<p>Binance CEO Changpeng Zhao backed ZachXBT and pledged to transfer $50,000.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&#038;ref_src=twsrc%5Etfw\">#Binance<\/a> will contribute $50k. Keep up the fight. Keep the industry transparent. ?<\/p>\n<p>\u2014 CZ ? Binance (@cz_binance) <a href=\"https:\/\/twitter.com\/cz_binance\/status\/1670127173510856704?ref_src=twsrc%5Etfw\">June 17, 2023<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Kraken co-founder Jesse Powell thanked the on-chain analyst for his work and transferred 10 ETH (about $17,300 at the time of writing).<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">In for 10 ETH. Thanks for all that you do. Good luck.<\/p>\n<p>\u2014 Jesse Powell (@jespow) <a href=\"https:\/\/twitter.com\/jespow\/status\/1670226113459798016?ref_src=twsrc%5Etfw\">June 18, 2023<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Co-founder <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-polygon-matic\">Polygon<\/a> Sandeep Nailwal called ZachXBT \u201cthe reason Web3 is alive and thriving.\u201d He sent 5 ETH (about $8,650).<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Bro, people like you are the reason web3 is alive and flourishing. You protect us and drive us forward. <\/p>\n<p>Here\u2019s 5 eth from my side to help fight this.<a href=\"https:\/\/t.co\/BiRHLX0wdu\">https:\/\/t.co\/BiRHLX0wdu<\/a> <a href=\"https:\/\/t.co\/tJXkB8O8ZA\">https:\/\/t.co\/tJXkB8O8ZA<\/a><\/p>\n<p>\u2014 Sandeep Nailwal | sandeep. polygon ? (@sandeepnailwal) <a href=\"https:\/\/twitter.com\/sandeepnailwal\/status\/1670096854791380992?ref_src=twsrc%5Etfw\">June 17, 2023<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In April, ZachXBT discovered an address that over 45 days created 114 fraudulent meme tokens and sent the proceeds to a single wallet.<\/p>\n<p>Earlier, the analyst said that rapper Soulja Boy conducted 73 promotions and 16 drops on Twitter, many of which were scams. By his estimate, the earnings could amount to at least $730,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Taiwanese entrepreneur Jeffrey Huang (Machi Big Brother) filed a defamation lawsuit against blockchain analyst ZachXBT.<\/p>\n","protected":false},"author":1,"featured_media":80386,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1162],"class_list":["post-80385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-court-cases"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=80385"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80385\/revisions"}],"predecessor-version":[{"id":80387,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80385\/revisions\/80387"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/80386"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=80385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=80385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=80385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}