• 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

Pi Network's Commitment to Ecosystem Development Amidst Challenges

chest

The Pi Network is showing its commitment to ecosystem development with the launch of the 100M Pi Ventures Fund, aimed at supporting its digital economy infrastructure while facing typical challenges of ambitious projects.

user avatarAndrew Smith

Pi Network Revolutionizes Crypto Mining with Mobile-First Approach

chest

Pi Network is challenging traditional mining conventions with its innovative mobile-first approach, allowing everyday smartphones to function as mining tools and enhancing accessibility in the crypto ecosystem.

user avatarJacob Williams

India Hosts First BRICS Sherpa Meeting for 2026 Chairmanship

chest

India held its first BRICS Sherpa meeting in New Delhi under its 2026 chairmanship, focusing on cooperation and priorities for the upcoming summit.

user avatarZainab Kamara

Dormant Bitcoin Whale Moves 2,043 BTC After Seven Years

chest

A dormant Bitcoin whale has moved 2,043 BTC after nearly seven years, indicating a potential shift in market dynamics.

user avatarSon Min-ho

Investigation into Crypto Scams Expands Amid Rising Fraud Cases

chest

Federal agencies are intensifying investigations into a surge of crypto-related scams, with significant financial losses reported due to phishing and social engineering tactics.

user avatarAyman Ben Youssef

Daren Li Sentenced to 20 Years for Crypto Romance Scam

chest

Daren Li was sentenced to 20 years in prison for his role in a large-scale crypto romance scam that defrauded victims of over $73 million.

user avatarTando Nkube

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.