In 2025, blockchain investigator ZachXBT played a pivotal role in the crypto industry by exposing significant fraudulent activities and hacks. He revealed that a prominent trader was a convicted fraudster, shaking the trust within the trading community. Additionally, ZachXBT linked a surge in Monero's price to a major crypto hack, highlighting vulnerabilities in the market.
ZachXBT's investigations also quantified $300 million in annual losses for Coinbase due to social engineering attacks. His detailed on-chain analysis has prompted exchanges and law enforcement to take action, contributing to efforts aimed at enhancing the legitimacy and security of the cryptocurrency sector.
ZachXBT Uncovers $300M in Crypto Fraud and Hacks in 2025
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
