ZachXBT Turns Unwanted Meme Coin Donations Into $41K for Venezuela Relief
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Investigator ZachXBT warned that several unauthorised meme coins using his name and likeness were launched across multiple blockchains over the past week and clarified he had no involvement and would never endorse or launch a token. The incident highlights crypto security and token launch risks from impersonation and potential scams, which could undermine trust and adoption in DeFi and token markets.
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Prominent blockchain investigator ZachXBT said that several meme coins using his name and likeness were launched across multiple blockchains over the past week to capitalize on the recent attention surrounding him.
He clarified that he had no involvement with any tokens and reiterated his longstanding position that he would never endorse or launch a meme coin.
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