Blockchain investigator ZachXBT stated a number of meme cash used his likeness throughout a number of chains through the previous week.
Abstract
- ZachXBT stated copycat meme cash used his likeness with out his help or promotion.
- He bought tokens despatched to his donation pockets and despatched about $41,000 to charities.
- The case reveals how meme coin creators use trusted crypto figures to draw consideration.
He stated he didn’t promote, help, or launch any of the tokens. The investigator posted the replace on his Telegram channel after merchants created ZACHXBT-themed tokens tied to his public title.
“I’ve all the time said I’ll by no means help or launch a meme coin,” he wrote.
ZachXBT stated all tokens despatched to his donation pockets have been bought in the marketplace. He then despatched the complete quantity, price about $41,000, to charity by way of The Giving Block.
The funds went to Direct Reduction and GiveDirectly to help the Venezuela earthquake response. He shared transaction receipts for donations made in USDT and SOL between June 28 and July 6.
Donations despatched to Direct Reduction and GiveDirectly
ZachXBT stated he despatched 25,000 USDT to GiveDirectly on July 6 at 4:16 a.m. UTC. He additionally despatched 5,000 USDT to Direct Reduction later the identical morning at 4:51 a.m. UTC.
A 3rd donation included 153 SOL, price about $11,000, despatched to Direct Reduction on June 28. Collectively, the receipts deliver the whole donation quantity to about $41,000.
The transfer follows earlier debate round ZachXBT-linked tokens. As crypto.information reported in 2025, a ZACH token launched on Flaunch.gg claimed to direct most buying and selling charges to the investigator.
That report additionally famous that one other Solana-based ZACHXBT meme coin had brought about controversy after builders despatched ZachXBT a part of the token provide. He denied creating or selling that token.
Meme coin creators use public names
The most recent case reveals how meme coin creators typically use public names, on-line narratives, and acquainted branding to attract merchants. These tokens can launch shortly throughout a number of chains with little discover.
ZachXBT’s public function in monitoring scams makes using his likeness extra delicate. Merchants could wrongly assume {that a} token tied to his title has his approval, even when he says it doesn’t.
Crypto.information has lined ZachXBT’s work throughout a number of investigations. In March, he stated a crypto rip-off community used warfare concern on X to drive customers towards pretend giveaways and pump-and-dump tokens.
Furthermore, Hyperliquid donated 10,000 HYPE to ZachXBT earlier this 12 months after his work on a serious crypto theft case. The donation was separate from the most recent meme coin gross sales.
Crypto donations stay a part of wider pattern
The charity switch additionally matches a wider sample of crypto-based giving. The Giving Block knowledge confirmed greater than $1 billion in crypto donations went to charities in 2024.
In ZachXBT’s case, the donations got here from property he stated he didn’t ask to obtain. His motion turned undesirable token allocations into reduction funding whereas retaining distance from the meme cash.
The occasion additionally offers merchants a transparent warning. A token that makes use of a public determine’s title doesn’t imply that individual helps it. Customers nonetheless have to test official posts, contract particulars, liquidity, and token possession earlier than buying and selling.
