ZachXBT becomes involved in a legal dispute after Jeffrey Huang accuses him of libel. ZachXBT is accused by Huang of harming his reputation by making unfounded claims of fraud.
Zach was supported by the crypto community in a show of togetherness. Cryptocurrency contributions flooded in under 24 hours after the lawsuit's announcement, reaching an amazing total of $0.6M for his defense.
Bankless, Jesse Powell, Memeland, Justin Sun, and Bankless, who generously donated $25,000, $17,000, $11,800, and $10,000, respectively, were notable donors. The top donor went above and above by inventing the $ZACH token and giving transaction taxes collected from it.
Zach has gained a lot of respect in the cryptocurrency community for his unrelenting dedication to outing con artists without ever looking for financial benefit. Everyone is behind him to refute this ridiculous assertion, even Satoshi Club.