ZachXBT
Crypto sleuth debunks 3 biggest misconceptions about the FTX hack
On-chain sleuth ZachXBT has shared his findings on what he sees as the three most common misconceptions about the FTX hack — taking to Twitter to correct a “ton of misinformation” about the event and the possible culprits. In a lengthy Nov. 20 post on Twitter, the self-proclaimed “on-chain sleuth” debunked speculation that Bahamian officials were behind the FTX hack, that exchanges knew the hacker’s true identity, and that the culprit is trading memecoins. 1/ I have seen a ton of misinformation being spread on Twitter and in the news about the FTX event so let me debunk the three most common things I’ve seen “Bahamian officials are behind the FTX hack”“Exchanges know who the hacker is”“FTX hacker is trading meme coins” pic.twitter.com/IAtHnpJI44 — ZachXBT (@zachxbt)...
Phishing scammer Monkey Drainer has pilfered as much as $1M in ETH
An alleged phishing scammer going by the pseudonym Monkey Drainer has reportedly swiped around $1 million worth of Ether (ETH) via dubious copycat nonfungible token (NFT) minting websites this week. Well-known blockchain sleuth ZachXBT was one of the first to track and highlight the activity, outlining on Oct. 26 that: “Over the past 24 hrs ~700 ETH ($1m) has been stolen by the phishing scammer known as Monkey Drainer. They recently surpassed 7300 transactions from their drainer wallet after being around for only a few months.” “The two largest victims over the past day include 0x02a & 0x626 who collectively lost $370k from signing transactions on malicious phishing sites,” ZachXBT added. The blockchain scam investigator also went on to assert that longer term, Monkey Drainer has...
‘I’ve done nothing wrong’ — Lark Davis denies ‘pump-and-dump’ allegations
Crypto influencer Lark Davis has refuted new allegations from Twitter “on-chain sleuth” ZachXBT of shilling “low cap projects” to his audience “just to dump them shortly after.” Davis was responding to a Twitter thread posted by Zach on Sept. 29, containing allegations that he profited over $1.2 million through selling tokens from crypto projects which he was allegedly paid to promote without disclosing. In a 17-part thread, Zach pointed to eight examples of what is supposedly Davis’ crypto wallet receiving tokens from new crypto projects, with Davis subsequently tweeting or posting a video on them, and then selling the tokens shortly after. Speaking to Cointelegraph, Zach said he received requests from multiple people who lost money on the tokens shared by Davis asking to “take a closer l...
