ZachXBT Unrewarded for Recovering $20M in Crypto Hack
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 21 2025ZachXBT's Contribution: ZachXBT played a crucial role in recovering a significant portion of funds from a $20 million hack targeting the U.S. government but received no reward or acknowledgment for his efforts, sparking debates on compensation for independent cybersecurity researchers.
Ongoing Recovery Efforts: The article highlights ongoing recovery efforts in the crypto space, including WazirX's recovery of $3 million from a larger hack, emphasizing that only a small fraction of stolen assets have been returned and raising questions about the effectiveness of current measures.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
