Why ZachXBT’s website may reject crypto fraud cases from 7 countries

The crypto industry has seen a massive influx of attackers using different techniques to scam investors, exchanges, wallet addresses, and a lot more. And often ZachXBT, a pseudonymous American blockchain investigator, has uncovered many frauds in the hunt for the illegal actors.

Notably, ZachXBT is launching a new website to handle crypto-fraud investigations, but it has limitations. On this website, rather than accepting requests from victims everywhere, ZachXBT may “likely automatically reject” based on the country where a victim or case is located.

Countries excluded from ZachXBT’s website

In this list he has specially barred Canada, the UK, India, and Nigeria, as well as Morocco, Algeria, and Bangladesh, from getting any support to decode the attack. This is because in various jurisdictions, his investigative work has repeatedly failed to translate into meaningful action from local authorities.

And the core issue here is the cooperation between independent blockchain investigators and law enforcement. So, if authorities do not respond to his evidence or victims cannot get an investigation started, his investigation is baseless.

This has happened before, when he provided information in Canada and India but was unable to persuade authorities to take action.