{"id":83129,"date":"2023-08-16T12:10:59","date_gmt":"2023-08-16T09:10:59","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=83129"},"modified":"2025-09-12T09:18:00","modified_gmt":"2025-09-12T06:18:00","slug":"zachxbt-reports-peaceful-settlement-of-defamation-suit-against-him","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/zachxbt-reports-peaceful-settlement-of-defamation-suit-against-him\/","title":{"rendered":"ZachXBT reports peaceful settlement of defamation suit against him"},"content":{"rendered":"<p>On-chain analyst ZachXBT said that the Taiwanese entrepreneur Jeffrey Huang (Machi Big Brother) who accused him of defamation voluntarily withdrew the suit.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Opera-Snimok_2023-08-16_115546_twitter.com_.webp\" alt=\"Opera-Snimok_2023-08-16_115546_twitter.com_\" class=\"wp-image-213709\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/twitter.com\/zachxbt\/status\/1691116363891552256\">X<\/a>.<\/figcaption><\/figure>\n<p>The dispute concerned a 2022 article in which ZachXBT accused Machi Big Brother of embezzling 22,000 ETH from Formosa Financial, a crypto asset-management company, in 2018.<\/p>\n<p>The parties agreed to amend the piece and add further commentary, after which the entrepreneur withdrew the claims.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cI appreciate that ZachXBT has made important changes to his article, and we have reached a mutual agreement to move away from this matter. The legal action against him was an extreme measure, but not the right path,\u201d \u2014 <a href=\"https:\/\/twitter.com\/machibigbrother\/status\/1691116322611159040\">wrote<\/a> Huang.<\/p>\n<\/blockquote>\n<p>The on-chain analyst thanked the crypto community for support and donations to cover legal costs. All unused funds he intends to return to the donors.<\/p>\n<p>In June, the defamation suit against ZachXBT became known <a href=\"https:\/\/forklog.com\/en\/news\/on-chain-analyst-zachxbt-comments-on-defamation-suit-filed-against-him\">in June<\/a>. At the time, the analyst was backed by Binance CEO Changpeng Zhao, Kraken co-founder Jesse Powell and Polygon cofounder Sandeep Nailwal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On-chain analyst ZachXBT said that the Taiwanese entrepreneur Jeffrey Huang (Machi Big Brother) who accused him of defamation voluntarily withdrew the suit.<\/p>\n","protected":false},"author":1,"featured_media":83130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1162],"class_list":["post-83129","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-court-cases"],"aioseo_notices":[],"amp_enabled":true,"views":"35","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/83129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=83129"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/83129\/revisions"}],"predecessor-version":[{"id":83131,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/83129\/revisions\/83131"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/83130"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=83129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=83129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=83129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}