ZachXBT stated that over the past week, multiple individuals have unauthorizedly used his image to issue Meme coins on several blockchains, and he has never supported or launched any Meme coins himself. All related tokens received in his donation wallet have been sold, and approximately $41k has been fully donated to Direct Relief and GiveDirectly to support earthquake relief efforts in Venezuela.

MEME0.14%
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GateUser-c1cab702
· 6h ago
So who manages those Meme coins now? Community governance or direct to zero?
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NeonStreetReflections
· 6h ago
ZachXBT's move is quite endearing; the crypto space needs more of this kind of directly donating unexpected windfalls.
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RiskParityKid
· 6h ago
Even after having their image stolen to issue a token, they can still handle it calmly. If it were me, I would have started cursing a long time ago. Respect.
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SunshineCollector
· 6h ago
$41k all donated, this wave essentially launders the black-market traffic into legitimacy, big picture moves.
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