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NFT Pro Trader Machi Big Brother Files Defamation Suit Against Web3 Sleuth ZachXBT
In a surprising turn of events, renowned NFT trader and crypto personality Machi Big Brother, also known as Jeffrey Huang, has recently filed a defamation lawsuit against on-chain internet investigator ZachXBT.
The lawsuit, which has sent shockwaves through the crypto community, aims to address alleged defamatory statements made against Machi Big Brother. Let's delve into the key highlights of this legal battle.
1. Machi Big Brother's Reputation on the Line:
Known for his prominence in the NFT space, Machi Big Brother has built a reputation as a seasoned NFT trader and crypto figure. The defamation suit reflects his determination to protect his image and credibility within the industry.
2. Allegations of Defamation:
According to the lawsuit, Machi Big Brother claims that ZachXBT made defamatory statements in an article titled "22,000 ETH Embezzled and Over Ten Projects Failed: The Story of Machi Big Brother (Jeff Huang)." The article, published on a popular crypto news platform, allegedly tarnished Machi Big Brother's reputation and made false accusations about his involvement in fraudulent activities.
3. ZachXBT's Response:
In response to the lawsuit, ZachXBT argues that the claims are baseless and an attempt to suppress free speech. He asserts his intention to fight back and defend his right to express opinions and share investigative findings in the crypto community.
4. Support from Followers:
Recognizing the financial burden of legal battles, ZachXBT has called upon his followers and supporters to contribute to raising funds for his legal fees. The plea for assistance highlights the significance of community support in navigating such legal challenges.
5. Potential Implications for the Crypto Community:
This legal clash between two prominent figures in the crypto space has broader implications for the industry. It raises questions about the limits of free speech, the responsibility of investigators, and the need for accurate and unbiased reporting within the cryptocurrency ecosystem.
Conclusion:
As Machi Big Brother takes legal action against ZachXBT, the outcome of this defamation lawsuit will undoubtedly capture the attention of the crypto community. It emphasizes the importance of ethical reporting, accountability, and the protection of reputations within the fast-paced and ever-evolving world of cryptocurrencies and NFTs.
#machibigbrother #zachXBT #crypto #NFTS #news
The lawsuit, which has sent shockwaves through the crypto community, aims to address alleged defamatory statements made against Machi Big Brother. Let's delve into the key highlights of this legal battle.
1. Machi Big Brother's Reputation on the Line:
Known for his prominence in the NFT space, Machi Big Brother has built a reputation as a seasoned NFT trader and crypto figure. The defamation suit reflects his determination to protect his image and credibility within the industry.
2. Allegations of Defamation:
According to the lawsuit, Machi Big Brother claims that ZachXBT made defamatory statements in an article titled "22,000 ETH Embezzled and Over Ten Projects Failed: The Story of Machi Big Brother (Jeff Huang)." The article, published on a popular crypto news platform, allegedly tarnished Machi Big Brother's reputation and made false accusations about his involvement in fraudulent activities.
3. ZachXBT's Response:
In response to the lawsuit, ZachXBT argues that the claims are baseless and an attempt to suppress free speech. He asserts his intention to fight back and defend his right to express opinions and share investigative findings in the crypto community.
4. Support from Followers:
Recognizing the financial burden of legal battles, ZachXBT has called upon his followers and supporters to contribute to raising funds for his legal fees. The plea for assistance highlights the significance of community support in navigating such legal challenges.
5. Potential Implications for the Crypto Community:
This legal clash between two prominent figures in the crypto space has broader implications for the industry. It raises questions about the limits of free speech, the responsibility of investigators, and the need for accurate and unbiased reporting within the cryptocurrency ecosystem.
Conclusion:
As Machi Big Brother takes legal action against ZachXBT, the outcome of this defamation lawsuit will undoubtedly capture the attention of the crypto community. It emphasizes the importance of ethical reporting, accountability, and the protection of reputations within the fast-paced and ever-evolving world of cryptocurrencies and NFTs.
#machibigbrother #zachXBT #crypto #NFTS #news
#Machi #BigBrother (#machibigbrother ) has been buying $APE almost every day since Aug 2, with a total of 4.73M APE($7.43M, the average cost is $1.57).
He spent 1,761 $ETH ($2.89M) and 52K $USDC to buy 2.24M #APE ($2.94M).
And withdrew 2.5M $APE ($4.49M) from #Binance
He spent 1,761 $ETH ($2.89M) and 52K $USDC to buy 2.24M #APE ($2.94M).
And withdrew 2.5M $APE ($4.49M) from #Binance
Machi Big Brother Makes Major Investment in BLAST, Becomes Largest Retail Holder!
Right after the launch, Machi Big Brother (machibigbrother) swapped 1,491 ETH, valued at approximately $4.65 million, for 198.4 million $BLAST tokens at around $0.023 each.
Addresses:
BLAST: 0x020cA66C30beC2c4Fe3861a94E4DB4A498A35872
FRIEND: 0xf0ea13334d6f74044ec7332de1c6ec194179df3d
As a major depositor, he bridged 8,121 ETH and 5.62 million USDC to BLAST and received an airdrop of 2 million BLAST tokens, worth approximately $55.4K. He is now allegedly the biggest retail holder of BLAST.
Previously, Machi Big Brother made a similar move with FRIEND. He spent $17 million worth of ETH to buy FRIEND after its launch on May 4 but is now facing a loss exceeding $10 million from the token.
Will Machi Big Brother Win This Time?
Machi Big Brother's significant investment in BLAST indicates his confidence in the token's potential. However, given his previous experience with FRIEND, the outcome remains uncertain. The success of this investment will depend on various factors, including market conditions, the development team's performance, and overall investor sentiment towards BLAST.
It's a high-risk, high-reward scenario—only time will tell if Machi Big Brother's strategy will pay off this time.
#machibigbrother #Blast #buying
Right after the launch, Machi Big Brother (machibigbrother) swapped 1,491 ETH, valued at approximately $4.65 million, for 198.4 million $BLAST tokens at around $0.023 each.
Addresses:
BLAST: 0x020cA66C30beC2c4Fe3861a94E4DB4A498A35872
FRIEND: 0xf0ea13334d6f74044ec7332de1c6ec194179df3d
As a major depositor, he bridged 8,121 ETH and 5.62 million USDC to BLAST and received an airdrop of 2 million BLAST tokens, worth approximately $55.4K. He is now allegedly the biggest retail holder of BLAST.
Previously, Machi Big Brother made a similar move with FRIEND. He spent $17 million worth of ETH to buy FRIEND after its launch on May 4 but is now facing a loss exceeding $10 million from the token.
Will Machi Big Brother Win This Time?
Machi Big Brother's significant investment in BLAST indicates his confidence in the token's potential. However, given his previous experience with FRIEND, the outcome remains uncertain. The success of this investment will depend on various factors, including market conditions, the development team's performance, and overall investor sentiment towards BLAST.
It's a high-risk, high-reward scenario—only time will tell if Machi Big Brother's strategy will pay off this time.
#machibigbrother #Blast #buying
Oh no! 💥Looks like Machi Big Brother just sold ALL their $BLUR for a whopping $3.16M loss! Ouch! 🤮
Over the past day, they dumped all 18.4M #BLUR ($3.13M) onto #Binance , and apparently it wasn't good news for the price (it kept dropping with each deposit). 👀😅 Not a great sign for their other holdings either... #machibigbrother #altcoins
Thanks SpotOnChain for Info!! 🙏
Over the past day, they dumped all 18.4M #BLUR ($3.13M) onto #Binance , and apparently it wasn't good news for the price (it kept dropping with each deposit). 👀😅 Not a great sign for their other holdings either... #machibigbrother #altcoins
Thanks SpotOnChain for Info!! 🙏
Machi Big Brother ( #machibigbrother ) has been buying #Friend since May 3.
He has spent 4,975 #ETH ($15.6M) to buy 8.6M FRIEND at an average price of $1.81.
At the current price, he lost $7.9M on FRIEND!
#BTC #BNB
He has spent 4,975 #ETH ($15.6M) to buy 8.6M FRIEND at an average price of $1.81.
At the current price, he lost $7.9M on FRIEND!
#BTC #BNB
#machibigbrother has deposited all 18M #BLUR ($3.1M) at $0.17 to #Binance at a loss in the past 2 days.
He bought 12.44M #Blur at an average price of $0.51 between Nov 23, 2023 and Jun 18, 2024. #BNB
He bought 12.44M #Blur at an average price of $0.51 between Nov 23, 2023 and Jun 18, 2024. #BNB
#Machi Big Brother( #machibigbrother ) appears to have stopped accumulating #FRIEND and shifted focus to buying #BLAST .
Since August 5, he has spent 1,464 #ETH ($3.86M) to buy 350M BLAST.
Since August 5, he has spent 1,464 #ETH ($3.86M) to buy 350M BLAST.
