Nouns funds blockchain sleuth ZachXBT 100 ETH for his work uncovering and tracking down blockchain criminals.

Nouns made a bold move supporting the investigative efforts of ZachXBT, the well-known crypto sleuth, with 100 ETH. Known for his relentless dedication to uncovering scams and protecting the onchain ecosystem, ZachXBT has been a beacon of accountability in the crypto community.

ZachXBT has built a reputation as a digital detective, leveraging on-chain analytics to expose fraudulent activities, shady projects, and bad actors in the crypto space. His meticulous investigations, shared publicly on Twitter and in various reports, have led to the recovery of stolen funds and the identification of numerous scams. 

Why Did Nouns DAO Step In?

The proposal to fund ZachXBT with 100 ETH highlighted the growing need for accountability and transparency in the Web3 space. By backing independent investigators like ZachXBT, Nouns is promoting a safer, more reliable environment for crypto enthusiasts and builders alike.

This funding underscores Noun’s commitment to public goods. ZachXBT’s investigations often require countless hours of labor, advanced tools, and a network of collaborations, all of which come with a cost. This grant ensures that ZachXBT can continue his mission without the financial strain that often accompanies independent investigative work.

The Bigger Picture

Noun’s support for ZachXBT is a prime example of how decentralized communities can empower individuals to make a lasting impact. By funding public goods—be it art, education, or investigative journalism—Nouns is redefining what it means to build and sustain trust in Web3.

Through this donation, ZachXBT can dive deeper into investigations, uncover hidden truths, and safeguard the decentralized future.

I recently spoke with @a_greenberg from @WIRED, who did a profile that dives into my journey over the past few years. It was a great experience to reflect on the evolution of my investigations.https://t.co/S78S3LJb0x

— ZachXBT (@zachxbt) October 24, 2024

1/ Meet Yicong Wang (王逸聪), a Chinese OTC trader who has helped Lazarus Group convert tens of millions of stolen crypto to cash from various hacks via bank transfers since 2022. pic.twitter.com/ARcwC7r3Xr

— ZachXBT (@zachxbt) October 23, 2024

Media Coverage

• The Block: “Nouns DAO to donate $123,000 to on-chain sleuth ZachXBT” 
• The Block: “Nouns DAO $123K donation to ZachXBT blocked, vote to be repeated” 
• CoinMarketCap: “DAO Suddenly Cancels Plans to Donate 100 ETH to ‘On-Chain Sleuth’ ZachXBT”
• CoinCu: “Nouns DAO Canceled Donate 100 ETH For ‘Blockchain Detective’ ZachXBT” 
• The Cryptocurrency Post: “Noun DAO is Giving 100 ETH to Crypto Sleuth ZachXBT. Here’s Why”
• CoinLive: “Nouns DAO community votes to donate 100 ETH to crypto on-chain detective ZachXBT”
• Cointime: “Nouns DAO $123K Donation to ZachXBT Called Off, Vote to Be Repeated” 
• The Shield Media: “This DAO is donating 100ETH ($123k) to crypto sleuth ZachXBT” 
• Binance News: “Nouns DAO Donates 100 ETH to ‘On-Chain Detective’ ZachXBT”
• Binance News: “Nouns DAO Canceled Donate 100 ETH For ‘Blockchain Detective’ ZachXBT?”
• Block.cc: “NounsDAO Will Donate 100 ETH To ZachXBT’s Detective Efforts”

The continued funding for ZachXBT’s work has lead to countless media mentions over the past few years. Some notable articles:

• Wired: Meet ZachXBT, the Masked Vigilante Tracking Down Billions in Crypto Scams and Thefts
• CoinDesk: ZachXBT: Master Sleuth of Crpyto
• Cointelegraph: ZachXBT alleges former pro-Fortnite player helped steal $3.5M via memecoin scams
• CryptoPotato: ZachXBT Exposes $500K Scheme Targeting Solana Meme Coin Investors on X
• Bitcoin.com: Zachxbt Ties $12.38 Million Crypto Drain to Lastpass Breach; 100 Victimized Wallets
• Protos: ZachXBT says potential Pump Fun plaintiffs aren’t actual victims.

Dates and Funding Details

Proposal 177: The initial proposal to fund ZachXBT was submitted to the Nouns and concluded with 90% approval from participants. However, due to a technicality in Nouns governance process, the proposal was unexpectedly canceled before execution. 

Proposal 184: The proposal was resubmitted for 100 ETH and passed on December 10, 2022.

More on the Team

ZachXBT is a pseudonymous blockchain investigator renowned for his tireless efforts to track down scams, hacks, and fraudulent activities across the crypto space. Operating independently, ZachXBT relies on a combination of on-chain analytics, public tips, and private collaborations to piece together intricate cases. His work has led to the exposure of high-profile scams and the recovery of millions in stolen assets.

While ZachXBT often works solo, he occasionally collaborates with law enforcement agencies and cybersecurity experts to escalate cases requiring greater resources. His ability to connect dots using blockchain data and maintain anonymity has earned him a unique position of trust within the crypto community.

You can follow ZachXBT and stay updated on his research and findings through his active presence on social media:

• X.com: @zachxbt – Regular updates on his investigations and commentary on crypto-related incidents.
• Medium: ZachXBT – In-depth articles and investigative reports on various crypto frauds and hacks.
• Telegram: @Investigations – Reports, news, & insights shared by ZachXBT.