ZachXBT Sells Unauthorized Meme Coins, Donates $41K to Charity

ZachXBT, the on-chain investigator known for unmasking crypto scams, had meme coins created in his name without authorization. He publicly denied any connection to the tokens on July 6. Then he sold the unsolicited tokens that landed in his wallet and sent the proceeds to charity.

The total from liquidating those tokens came to roughly $41,000. A single batch sale on July 6 netted about $25,000, which he directed to GiveDirectly for earthquake relief in Venezuela. That sale followed an earlier donation of around $16,000 on June 28 to Direct Relief, also supporting Venezuela-related humanitarian efforts. ZachXBT shared his public donation wallet addresses so anyone could verify the transactions on-chain.

The June 28 contribution and the July 6 batch sale establish a pattern of liquidating unsolicited tokens and donating the proceeds. The transaction records are public.

ZachXBT has not indicated whether he will continue the policy. The combined $41,000 went to humanitarian aid. The wallet addresses are available for anyone to check.