Multiple fraudulent accounts have emerged on social media, posing as prominent blockchain investigator ZachXBT. This comes after the deactivation of his official account. Michael Khekoian, partnership director at Web3 security firm Wallet Guard, warned his followers about the impersonation and urged users to remain vigilant. He highlighted that these fake accounts often try to deceive users by enticing them to click on phishing links and engage with scams.

On X, a user named ‘Nathan.eth’ shared a screenshot on Telegram claiming that ZachXBT had deactivated his account for an unspecified period of time. Earlier this year, ZachXBT was involved in a legal battle with Jeffrey Huang, also known as MachiBigBrother on Twitter. Huang filed a defamation lawsuit against ZachXBT, accusing him of damaging his reputation through false allegations. The specific allegations were not mentioned, but an article published by ZachXBT in June 2022 titled “22,000 ETH Embezzled and Over Ten Projects Failed: The Story of Machi Big Brother (Jeff Huang)” may be related.

Following the lawsuit, ZachXBT received over $1 million in donations from the crypto community to cover his legal fees. Notable donors included Changpeng “CZ” Zhao, former CEO of Binance, the co-founder of Kraken, and the founder of Polygon, Sandeep Nailwal. Cointelegraph reached out to ZachXBT for comment but did not receive a response in time for publication.

Overall, it is important for users to be cautious of fraudulent accounts impersonating well-known figures in the blockchain industry and to avoid engaging with suspicious links or scams.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	Global
Countries
Sentiment	neutral
Relevance Score	1
People	Jeffrey Huang, Michael Khekoian, Changpeng Zhao, Sandeep Nailwal, ZachXBT
Companies	Cointelegraph, Wallet Guard, Polygon, X, Web3 security firm, Binance, Kraken
Currencies	None
Securities	None