notzachxbt

NOT ZachXBT

this is the $243M Theft - August 19, 2024 community meme account

[notzachxbt @243MTheft]

On the 19th of August 2024, @ZachXBT deployed an ERC-20z token on the Base network, bootstrapped with an LP using the Zora protocol. This transaction can be found below.
https://t.co/VCYStM49Ef

A few months ago, Zora released their ERC-20z standard as a way of providing liquid secondary markets to its open-edition NFTs. The Zora protocol takes a portion of the mint revenue to automatically deploy an LP once the mint ends. All NFTs using this format are immediately tradeable on a DEX, without the need to create a seperate wrapper or index contract. Zora made this standard the default option for all new mints. Since then, it has become popular to trade these as 'artcoins'.
https://t.co/j2jjLqGJAd

Zach minted his most recent investigation on Zora - using this new standard. It is unclear whether or not Zach was aware of or intended to use this standard, as it needs to be toggled off and the update may not have been properly communicated by Zora. Regardless, the result is that Zach launched a token with an automatically deployed LP, a format much like many pumpfun and presale tokens.
https://t.co/DnX5lfqUPv

The token had about 2800 editions minted, with some extra created by the contract thereafter for the LP. When the mint ended, these tokens along with a share of the eth revenue were automatically deployed by the contract as a locked LP. All fees from this go to Zach.
https://t.co/ueVnSEjRjY

The price initially crept up as Zora users late to the mint bought it on secondary. You are automatically routed through uniswap when using the Zora UI - but by pressing the three dots on the page, you can access the dexscreener for this token. It sat at a market cap of under $10k for about two weeks, before some traders started to pick up on it. The majority of the LP is controlled by a DAO multsig, giving some confidence to the market.

The price now sits at $1100, up over 3000x from mint. It is wonderful to see Zach and his supporters rewarded by the market this way. It’s an interesting look into how the format and liquidity of a token affect the velocity and staying power of capital in crypto markets, and proves that provenance is important to collectors regardless of formatting.

Some of Zach’s fans have formed a community around this token, creating memes, a telegram, this twitter, and even bridging the token to Solana so it can be traded there. You can join us here -
https://t.co/J0STJp09N6

CA (Base) - 0xd68470491Eb513365322810e55e0EBa80785DFDD
Solana bridged token (wormhole) - AtpE9GQbEsnGV3H5oaLbcVRwHyyPXAy4nScTWV9WZ5hN

[notzachxbt @243MTheft]

@vsadkovv wat if we were building love all along <3

[renruts @renrutts]

@zachxbt @vsadkovv oh man best i can do is bully with memes

[notzachxbt @243MTheft]

"NOT NOW MA FUKKKK!! ZACHXBT JUST DROPPED A NEW BOUNTY!! I GOT TO GET HIM MA!"

[ZachXBT @zachxbt]

$10K bounty is now live on @vsadkovv passport/ID or insider details of the market maker (contracts, chat logs, etc) used for LAB on Bitget spot, Bybit perps Binance perps, or OKX perps.

These grifters are further hurting the industry reputation and it must not go unpunished.

War time mode.

[notzachxbt @243MTheft]

@zachxbt @vsadkovv who this queer? say less.

[0xDragon 🐂 🀄 @DragonmasterETH]

The ops hate to see me pulling up with the squad.

@splitnow Splig Squad is the newest game in the Dragonforged Arcade - a spin on the classic dot munching game where you take control of the ghosts to hunt down the ops and survive long enough to get a high score!

What are you waiting for, @Spliggas, join the Splig Squad today!

[notzachxbt @243MTheft]

kicketh the rockeths.

[ZachXBT @zachxbt]

A short story.

Shame on all of the projects that ran AI slop campaigns via InfoFi platforms.

The inorganic activity / fake metrics was obvious if you have common sense and it made X borderline unusable for everyone else.

[notzachxbt @243MTheft]

yup uhh yeah yes thats for sure crime.

[StarWars Crypto Currency Coin Token @leftcurvewars]

general @zachxbt is literally undefeated moping the battlefield with @souljaboy's tears, kick rocks ghey boy.
#leftcurvewars $rejak

[notzachxbt @243MTheft]

rip bozo.

[ZachXBT @zachxbt]

I am pleased to share that the threat actor ‘Ronald Spektor’ (Ron) was recently arrested in New York.

In November 2024 I published my investigation detailing his involvement in a $6M Coinbase support impersonation scam and other thefts after a victim contacted me for assistance.

[notzachxbt @243MTheft]

never forget.

[ZachXBT @zachxbt]

@Derivatives_Ape Don’t let the replies and quotes from influential accounts on this post distract you from the fact that OP embezzled $30M via Zkasino

[notzachxbt @243MTheft]

@zachxbt @Derivatives_Ape got em

[notzachxbt @243MTheft]

@UltronMKII @MrBeast @smilingerik @MarkRober @teamwater oy bruv 🫡

[notzachxbt @243MTheft]

thanks for playing
$xrp
$xrpoopy

[notzachxbt @243MTheft]

listen a whole lotta you dont know ur bum from a frisbee if anyones gonna be yellin crime in these parts its gonna be me, the real not real zachxbt.

proceed with ur crypto.

[notzachxbt @243MTheft]

@0xnobi shhhh issa okay 🫂

[notzachxbt @243MTheft]

r i p b o z o

[ZachXBT @zachxbt]

Here’s the judgement for Redman from yesterday.

TLDR: Term consists of 12 MONTHS and 1 DAY as to each count, to be served concurrently; 3 YR SR TERM W/ CONDITIONS - term consists of 3 YEARS as to each count, to run concurrently; $400 SA; $248,257.07 Restitution; $60,000 Fine

[notzachxbt @243MTheft]

it be like that sometimes..

[notzachxbt @243MTheft]

oh my lantaaaaa i forgot this account was here

dont forget now kids crime is bad mmmmkay?

[notzachxbt @243MTheft]

rip bozos.

[notzachxbt @243MTheft]

@zachxbt crime.

[ZachXBT @zachxbt]

1/ Multiple projects tied to Pepe creator Matt Furie & ChainSaw as well as another project Favrr were exploited in the past week which resulted in ~$1M stolen

My analysis links both attacks to the same cluster of DPRK IT workers who were likely accidentally hired as developers.