• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

ZachXBT Unrewarded for Aiding in $20M Recovery

user avatar

by Giorgi Kostiuk

a year ago


Recently, it was revealed that ZachXBT, a well-known independent cybersecurity researcher, played a key role in recovering a significant portion of funds stolen in a hack targeting the US government. Despite his contribution, he received no reward or acknowledgment.

ZachXBT's Role in Cyberattack Investigation

ZachXBT is known for uncovering cybercrimes. In the recent attack, he swiftly used blockchain forensics to trace the stolen funds, aiding in their partial recovery. However, ZachXBT reports that his efforts were not duly rewarded.

NEW: @zachxbt SAYS THAT HE WAS NOT REWARDED AFTER HE HELPED RECOVER A SIZABLE AMOUNT OF FUNDS FROM A $20M HACK THAT TARGETED THE U.S. GOVERNMENT.DEGEN NEWS

Debate on Compensation for Researchers

ZachXBT's revelation has sparked discussions about the role of independent researchers in tackling major hacks and the need to reward them. Many in the crypto community have voiced their support for ZachXBT, arguing that such efforts deserve recognition and compensation. This also raises the question of how governments value the work of independent investigators.

Other Cases of Stolen Crypto Recovery

Besides ZachXBT's efforts, WazirX recently reported successfully recovering $3 million of the $235 million stolen in a major hack in July 2024. While this marks a significant recovery step, the issue of how to retrieve the remaining stolen funds remains pressing.

The case of ZachXBT raises important questions about the role and value of independent researchers in the modern cybersecurity ecosystem. It remains hoped that their contributions will be duly recognized and rewarded in the future.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Apple's Revamped Siri Set to Launch at WWDC 2026

chest

Apple's revamped Siri will feature a standalone app with conversation history, a search panel, and rich result cards, marking the most significant redesign since 2011.

user avatarNguyen Van Long

Apple's Siri to Integrate Third-Party AI Services

chest

Apple's revamped Siri will feature a dropdown menu allowing users to route queries to third-party AI services like ChatGPT, Google Gemini, or Claude.

user avatarJesper Sørensen

Apple to Introduce AI Features in Camera and Photos

chest

Apple will integrate AI features into the Camera app, allowing users to utilize Siri for image analysis and editing.

user avatarSatoshi Nakamura

Ethereum Price Declines Amid Bearish Market Pressure

chest

Ethereum's price is dropping towards the $1,950 mark, while large investors maintain their positions, indicating potential long-term confidence in Ethereum's future.

user avatarFilippo Romano

Bullish Signals Emerge Despite Ethereum's Price Decline

chest

Bullish signals emerge despite Ethereum's price decline.

user avatarRajesh Kumar

Minnesota Lawmakers Highlight Risks of Prediction Markets Amid New Legislation

chest

Minnesota lawmakers express concerns about prediction markets due to new legislation imposing restrictions and penalties, citing risks like addiction and insider trading.

user avatarLucas Weissmann

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.