ZachXBT's donations have exceeded $1 million, reaching the original target

ChainCatcher news, according to Nansen data, on-chain analyst ZachXBT has received over $1 million in donations, with the amount reaching $1,036,150 as of the time of this post, achieving the original goal. This donation has received support and contributions from various institutions and KOLs, including Binance, crypto media Bankless, Coinbase Cloud protocol head Viktor Bunin, crypto security company CertiK, and Cosine.

Previously, Huang Licheng filed a defamation lawsuit against ZachXBT yesterday morning, stating that ZachXBT had accused him a year ago of misappropriating large sums of money and launching several junk projects, which has affected his reputation. ZachXBT subsequently responded that he would confront the struggle to defend freedom of speech and hopes to gain community support to protect the truth, having created a donation address to fund the legal expenses for this incident. Lawyer Stephen Palley, who participated in the "Craig Wright" case, stated on his social platform that he will represent ZachXBT along with Jess Meyers and the law firm Brown Rudnick in responding to Huang Licheng's lawsuit. (source link)