PANews, August 3: On-chain investigator ZachXBT tweeted that there are currently no plans to monitor or track the ColdCard incident, as he is focusing on ecosystem projects that value his work. ZachXBT stated that he has repeatedly assisted others in tracing fund flows without receiving promised compensation. This includes the case of crypto KOL Roshi, who was scammed $600,000 in June 2026; ZachXBT spent over five hours tracing and freezing $96,000. The victim claimed they would pay any fee but later refused to file a report in Denmark citing tax issues and disappeared for weeks after ZachXBT requested a $5,000 fee. Additionally, another project offered a $25,000 bounty but still failed to pay after nine months following completion of the investigation.
ZachXBT Says No Plans to Track ColdCard Incident, Cites Past Issues with Unpaid Bounties
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On-chain news from August 3 reveals that chain analyst ZachXBT has no plans to track the ColdCard incident, citing a focus on projects that value his work. He previously encountered unpaid bounties after recovering funds for others. In June 2026, he spent over five hours tracking $96,000 for crypto KOL Roshi, who later refused to pay the $5,000 reward. Another project promised $25,000 but failed to pay for nine months. Crypto news highlights ongoing issues with compensation in the industry.
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