• 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

AMD to Release Fiscal Q2 2026 Financial Results on August 4

chest

AMD will release its fiscal second quarter 2026 financial results on August 4, 2026.

user avatarArif Mukhtar

Wall Street Analysts Raise AMD's Stock Price Targets Ahead of Earnings Report

chest

Wall Street analysts have raised stock price targets for AMD ahead of its earnings report, reflecting optimism about the company's growth potential.

user avatarLuis Flores

Geopolitical Tensions and Economic Risks Loom Over AMD's Earnings Report

chest

Investors are cautious about AMD's earnings report due to rising geopolitical tensions and economic factors.

user avatarMiguel Rodriguez

Coinbase Report Highlights Editorial Policy outlines the guidelines for content creation, emphasizing accuracy, transparency, and impartiality in reporting.

chest

Coinbase has released a report that emphasizes its strict editorial policy, which focuses on accuracy, relevance, and impartiality.

user avatarMaria Gutierrez

New Analysis Created Utilizing SEC Data.

chest

The report is based on information sourced from the SEC, providing stakeholders with accurate financial insights.

user avatarDavid Robinson

New Editorial Policy Launched to Ensure Quality Reporting

chest

A new editorial policy has been established in Arkham, focusing on accuracy, relevance, and impartiality in reporting.

user avatarAndrew Smith

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.