On-chain investigator ZachXBT said he currently has no plans to monitor or investigate the Coldcard incident, adding that he is focusing instead on ecosystem projects that value his work. In the same statement, he described several past cases in which he helped trace stolen funds but did not receive the compensation that had been promised.
One example involved crypto KOL Roshi, who ZachXBT said lost $600,000 to a scam in June 2026. ZachXBT said he spent more than five hours tracing the movement of funds and helped freeze $96,000. He said the other party had initially claimed they could pay any fee, but later refused to file a police report in Denmark, citing unpaid taxes. After ZachXBT requested a $5,000 fee, the person reportedly disappeared for several weeks.
He also said that in another case, a project had offered a $25,000 bounty, but the payment was still outstanding nine months after the investigation had been completed.
On-chain investigator ZachXBT said on X that he has no current plan to monitor or track the Coldcard incident, saying he is focusing on ecosystem projects that value his work.
He also said he has repeatedly helped others trace the flow of stolen funds without receiving the compensation that had been promised.
Past cases cited by ZachXBT
One of the examples he gave involved crypto KOL Roshi. According to ZachXBT, Roshi was scammed out of $600,000 in June 2026. He said he spent more than five hours tracing the funds and managed to freeze $96,000.
ZachXBT said the other party had claimed they could pay any fee, but later refused to file a report in Denmark, citing unpaid taxes. After he asked for a $5,000 fee, the person then disappeared for several weeks.
He added that in another case, a project had offered a $25,000 bounty, but payment was still overdue nine months after the investigation was finished.
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