The ‘Spider-Man’ of Crypto Twitter Is Under Attack

TL;DR

  • On crypto Twitter, ZachXBT plays the role of 'friendly neighborhood spider-sleuth,' uncovering scams and fraud in the crypto space.

  • Over the weekend, news broke that ZachXBT is being sued for defamation by MachiBigBrother, after Zach alleged Machi embezzled tens of millions of dollars.

  • Since then, the crypto industry has rallied around ZachXBT, donating $1M+ to Zach’s legal funds in just a few days.

  • Now, here's where things get a little dark…

  • Since the public filing, someone has already tried to extort him for $100k, threatening to steal the identities of his family and nuke their credit scores.

  • While others are offering $$$ for someone to break into Zach's home and rough him up.

Full Story

You know that scene in Spider-Man 2, where Peter stops the train from derailing?

Then, when Doc Oc shows up to lay a beat down on Pete, the passengers all come in with that 'You wanna get to him, you gotta get through us' energy?

That same scenario is playing out on crypto Twitter (CT)!

On CT, ZachXBT plays the role of 'friendly neighborhood spider-sleuth,' uncovering scams and fraud in the crypto space.

(Kind of like a faceless ​Coffeezilla​).

Over the weekend, news broke that ZachXBT is being sued for defamation by MachiBigBrother, after Zach alleged Machi embezzled tens of millions of dollars worth of crypto, in ​an article​ published last year.

And now, just like that scene in Spider-Man 2, the crypto industry is rallying around ZachXBT, giving big 'You wanna get to him, you gotta get through us' energy.

Binance, Justin Sun (Tron creator), CertiK (a security firm), the Bankless team, and hundreds of others have donated to Zach's legal fund - racking up $1M+ in just a few days.

(If you want to contribute, you can do so ​here​).

Now, here's where things get a little dark.

The public filing revealed Zach's full name and address...

Since then, someone has already tried to extort him for $100k, threatening to steal the identities of his family and nuke their credit scores.

While others are offering $$$ for someone to break into Zach's home and rough him up.

Here's hoping this is all short lived and Zach can go back to keeping the industry honest.

Web3 Daily

Web3 and crypto news, translated into plain English.

https://web3daily.co/
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