Crypto donors raise $500,000 to support ZachXBT in lawsuit

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Crypto donors raise $500,000 to support ZachXBT in lawsuit
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The lawsuit has garnered attention, with prominent lawyer Stephen Palley joining ZachXBT's defense, reinforcing the fight for free speech in crypto research..

ZachXBT, an anonymous crypto researcher facing a defamation lawsuit, raised over $500,000 in 12 hours from the crypto community for his legal defense.

The fundraising effort appears to have struck a chord with members of the crypto community, echoing concerns about censorship and legal threats against researchers. As of Saturday morning, ZachXBT'sholds 163 ETH, worth about $290,000 at current prices, as well as ~$180,000 of USDC, ~$30,000 of USDT, and other coins. Notable crypto contributors include Adam Cochran and Alex Svanevik.

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