Machi Big Brother Files Defamation Lawsuit Against ZachXBT
Notable NFT personality and trader Machi Big Brother is suing ZachXBT for defamation, alleging an article published a year ago damaged his reputation.
The Deets
- Defamation lawsuit: Machi Big Brother vs. ZachXBT
- Allegations: Article published by ZachXBT caused reputational harm
- Response: ZachXBT sets up donation wallet to cover potential $1m legal costs
- Context: The contentious article alleges Machi Big Brother was involved in embezzling over 22,000 ETH
The Bulk
Machi Big Brother, a notable figure in the NFT market, has filed a defamation lawsuit against ZachXBT in the United States District Court for the Western District of Texas. The suit pertains to an article ZachXBT wrote and published on Medium about a year ago, which Machi claims has negatively impacted his reputation.
In the said article, ZachXBT alleges that Machi Big Brother helped embezzle more than 22,000 ETH through at least ten projects. These allegations are at the heart of the lawsuit, with Machi asserting that the claims are untrue and defamatory.
In response to the lawsuit, ZachXBT has framed the issue as a classic 'David and Goliath' story, pitting his comparatively limited resources against Machi's wealth. He has set up a donation wallet to help cover the estimated $1m in legal costs associated with defending against the lawsuit. Any leftover funds, he assures, will be returned on a pro rata basis to contributors.
🎤 Community Quotes
It is sickening to see it come to this but I knew one day this would happen as the price of telling the truth is sometimes people dislike what you say. I have always kept my research as objective as possible and let the data and historical record speak for themselves.ZachXBT
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