ZachXBT sells meme coins, donates $41,000 to Venezuela

A prominent blockchain investigator known as ZachXBT has sold unsolicited meme coins that were created using his name and likeness without his permission, donating the entire proceeds, totaling approximately $41,000, to earthquake relief efforts in Venezuela. The investigator publicly denied any connection to the tokens and shared on-chain receipts to verify the charitable transfers.

Over the past week, several meme coins bearing the investigator's name and image were launched across multiple blockchains. These tokens were airdropped to his public wallet, a common tactic where creators hope a prominent figure's involuntary association will lend credibility to a project. In response, ZachXBT sold all the tokens he received. He then donated $25,000 in Tether (USDT) to the charity GiveDirectly and an additional $5,000 to Direct Relief on July 6, both routed through The Giving Block. A separate earlier donation of 153 Solana tokens, worth about $11,000, was sent to Direct Relief on June 28. The combined donations were designated for humanitarian aid following powerful earthquakes that struck Venezuela on June 24.

The investigator explicitly stated he does not support or promote meme...