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ZachXBT: Has never issued or promoted any Meme coin, and all proceeds of approximately $41k from related tokens have been donated to charity.
BlockBeats News, July 6 — On-chain detective ZachXBT stated that over the past week, multiple people have unauthorizedly issued meme coins using his image on various public chains to capitalize on market hype. He emphasized that he has never promoted or issued any meme coins and has always publicly stated that he would not support or launch such projects.
ZachXBT said that all related tokens sent to his donation wallet have been sold on the market, and the proceeds of approximately $41k have been fully donated to GiveDirectly and Direct Relief via The Giving Block to support earthquake relief in Venezuela. This includes a donation of 25k USDT to GiveDirectly on July 6, 5,000 USDT to Direct Relief, and a previous donation of 153 SOL (approximately $11k).