Blockchain detective ZachXBT gained the support of the cryptocurrency community after filing a defamation lawsuit.
ZachXBT doing research on blockchain 16 June Posted on his official social media account on in the shipment, MachiBigBrother Taiwanese crypto entrepreneur known as Jeffrey Huang by himself defamation lawsuit said it was open.
Researcher, Huang’s by economic means to silence pretending to work legal costs able to afford don’t have the strength by stating 1 million will exceed the dollar payments he considers for one donation wallet created.
In your wallet in a short time 170.9 Ethereum (ETH), Over 180K USD Coins (USDC) and in total in many different cryptocurrencies 750 thousand dollars donation has been sent.
Zach used the following statements on the subject:
It’s sickening to see things turn out this way, but I knew it would happen one day because the price of telling the truth is that sometimes people don’t like what they say.
In this context, a lawyer operating in the crypto money industry Stephen Palley, Zach’s will help defend to the researcher showed his support.
What happened?
The case, the investigator 2022 in the year huang written about the article made the subject. In the related article, Zach, Huang’s Formosa Financial including A lot in the project tokens And NFTs over pump And dump claimed to be operating. Huang’s total of these activities 38 million over the dollar presence allegedly obtained.
Zach claims it happened at Formosa Financial to corruption used the following statements:
Formosa Financial went through a difficult period on June 22, 2018, with a total of 22 thousand ETH withdrawn from its treasury of 11,000 Ethereum (ETH) in two separate transactions. This is linked to a share buyback transaction by George Hsieh, the company’s partner and sole director, without the knowledge of the investors.
Zach soon after the withdrawal of funds huang with connected to accounts transfer claimed to have been.
In the article, Formosa Financial like many different to the project about various accusations while Huang and lawyer against the allegations in Texas District Court sued for defamation.
In the case file, Huang’s Formosa Financial any funds on have no control Therefore, access to funds impossible Huang’s slander with Zach’s slander. damaged his reputation expressed.