ZachXBT's New Website Rejects Fraud Cases From 7 Countries

In India, ZachXBT said he had interacted with law enforcement on cases involving frozen cryptocurrency and funds allegedly connected to the Lazarus Group. He claimed authorities made mistakes in some investigations, including confusing a phishing website with a legitimate crypto platform.

The new system is designed to focus his limited resources on countries where authorities are more likely to act on blockchain evidence, he said. Supporters argue the filtering could make his investigations more effective. Critics say victims should not be penalized because of their country's law-enforcement system.

The announcement followed a Coldcard wallet exploit that the company said affected 192 individuals and resulted in the theft of roughly 714.8 Bitcoin over several years.