On-chain investigator ZachXBT has converted roughly $41,000 worth of memecoins sent to his wallet without permission into donations for earthquake relief in Venezuela, while simultaneously laying out strict conditions for accepting crypto theft investigations. The moves underscore his long-standing refusal to endorse meme tokens.
ZachXBT sold all unsolicited tokens he received and directed the proceeds to charities through The Giving Block. A $25,000 donation went to GiveDirectly, followed hours later by a $5,000 gift to Direct Relief, both earmarked for Venezuela earthquake recovery. He published on-chain transaction hashes (0x6875…f71ae and 0xc914…a070) as proof. An earlier sale of 153 SOL (worth about $11,000) was also sent to Direct Relief, bringing the total donation to roughly $41,000.
“Sorry I do not support or promote meme coins,” ZachXBT posted on X, distancing himself from the creators who launched tokens using his name and image across multiple blockchains in hopes of gaining credibility via his wallet address. The practice mirrors the tactic often used with Ethereum co-founder Vitalik Buterin, who in early 2026 swaps airdropped low-cap memecoins for ETH (around $29,400 in one instance) and calls such tokens having “no moral value.”
In a separate statement, ZachXBT outlined the criteria for future theft investigations: he will only review cases where a single victim loses more than $250,000, the jurisdiction is favorable, the involved blockchain supports his investigative work, and the incident does not involve memecoins or prediction markets. He named Hyperliquid, BNB Smart Chain, Monad, and Arbitrum as chains he will prioritize, but warned that most direct message requests will go unanswered.
