ZachXBT, a blockchain investigator, has established specific guidelines for accepting crypto theft cases, stating that he will only examine incidents with a total loss exceeding $250,000 involving a single victim.

Investigation Criteria

According to ZachXBT, requests for investigations will be disregarded unless they meet four essential criteria:

  • The theft must exceed $250,000.
  • It must involve only one victim.
  • The case should be evaluated under a jurisdiction that is favorable for legal processing.
  • The blockchain involved must be one that supports his investigative methods.

Additionally, he has made it clear that he does not support or endorse any memecoins or prediction markets. This position was highlighted in a recent comment where he outlined his review process, noting that he has been receiving an increasing number of help requests.

Supported Blockchains

In response to inquiries about the blockchain networks that currently facilitate his investigations, ZachXBT pointed to several platforms. He identified Hyperliquid, BNB Smart Chain, Monad, and Arbitrum as networks where recent grants or support have been made available for legal investigations. Cases related to these ecosystems are thus prioritized but must still satisfy the aforementioned conditions.

Following further questions regarding his stance on memecoins, ZachXBT reiterated his position by stating, “Sorry I do not support or promote memecoins.” He further indicated his focus on charity work, having recently donated $25,000, the entirety of the proceeds from a memecoin sale, to support earthquake victims in Venezuela through GiveDirectly.

Comparison with Other Investigators

ZachXBT’s criteria for investigating cases stand in contrast to those of other notable figures in the field, such as YouTuber Coffeezilla. While ZachXBT emphasizes financial thresholds, Coffeezilla adopts an evidence-based approach, focusing on investigating financial claims made by projects, uncovering undisclosed payments, and exposing potential fraudulent practices. This divergence highlights the varying methodologies employed by fraud investigators in the crypto space.

For more information on regulatory aspects affecting the cryptocurrency industry, see Hong Kong Industry Group Advocates for Regulatory Changes in Virtual Assets.