Thu, July 11

ZachXBT Received a Defamation Lawsuit From Jeffrey Huang

Crypto Community Donates Over $600k for ZachXBT’s Lawsuit Editors News
  • ZachXBT received a lawsuit for his article published on June 2022.
  • Jeffrey Huang claims that his reputation is been damaged.

Earlier Today, Machi Big Brother (known as Jeffrey Huang), a web3 pseudonym filed a lawsuit against ZachXBT (known for Zachary), an internet on-chain sleuth. The reason for the lawsuit is defamation in an article written by Zachary on June 2022. However, the lawsuit claimed from the U.S. District Court for the Western District of Texas, as a plaintiff by Jeffrey Huang and the as a defendant for Zachary.

Jeffrey Huang mentioned that Zachary has defamed him and his article is false. The attorneys of the plaintiff raised a complaint of allegations and the malicious promotion of their plaintiff. Jeffery deteriorated and his reputation is been damaged, he added.

What Did ZachXBT Reply?

ZachXBT wrote on his Twitter that this lawsuit seems baseless and adds ‘I intend to fight back & defend free speech.’

He has disclosed a copy of his article for the public’s reading and consideration. The address on which he created the donation with legal costs is around $1M USD. ZachXBT adds his donation wallet address which is ETH: 0x6eA158145907a1fAc74016087611913A96d96624 where ‘all the EVM chains are accepted and stablecoins are preferred’. 

However, ZachXBT assures that the leftover funds from the donation will be transferred to the investors on a pro-rata basis. Additionally, he feels bad that this was expected as people would dislike certain things. Alongside, he adds that his historical record would speak rather than anything else. 

Disclaimer:  The opinions expressed in this article are solely those of the writer and not of this platform. The data in the article is based on reports that we do not warrant, endorse, or assume liability for.

A computer science engineering graduate who dives nook and corner of an engaging career with a keen interest in content creation, currently exploring the field of Crypto.