Hyperliquid’s $254K Donation Backs Fraud Investigator ZachXBT

2 hours ago

Newsroom

Why did Hyperliquid donate $254K to ZachXBT?

Who is ZachXBT and why is his work so significant?

How does Hyperliquid’s donation reflect its stance on blockchain security?

Hyperliquid’s $254K Donation Backs Fraud Investigator ZachXBT — Image source: Unblock Media

Hyperliquid Foundation contributed $254,000 in HYPE tokens to ZachXBT on January 18, 2026.
The donation represents the second-largest institutional support ZachXBT has received.

On January 18, 2026, Cryptopolitan disclosed that the Hyperliquid Foundation donated $254,000 worth of HYPE tokens to ZachXBT, a well-known on-chain investigator fighting cryptocurrency fraud. The contribution, consisting of 10,000 HYPE tokens, marks a significant endorsement of ZachXBT’s investigative work and is his second-largest institutional funding to date. Recognized for his commitment to fostering transparency within the cryptocurrency ecosystem, ZachXBT confirmed the donation via Telegram alongside a list of his leading donors.

While neither ZachXBT nor Hyperliquid Foundation issued an official explanation for the donation, the gesture is widely interpreted as support for his efforts to expose scams within decentralized finance (DeFi). ZachXBT’s investigations have been pivotal in rooting out fraudulent activity, earning him acknowledgment as a key figure in promoting accountability across the cryptocurrency landscape.

Notably, ZachXBT previously revealed fraudulent operations on Hyperliquid’s decentralized exchange in March 2025. His investigation identified William Parker, a UK-based trader, as the mastermind behind phishing schemes fueling illegal trade activity. Through detailed on-chain analysis, ZachXBT further uncovered related scams, including exploits targeting stolen NFTs. The donation underscores an evolving dynamic where institutions increasingly back independent investigators like ZachXBT to bolster ecosystem security.

Independent efforts such as ZachXBT’s demonstrate the critical role investigators play in the DeFi space, tracing asset flows to expose malicious actors. Contributions from donors, including institutional entities like Hyperliquid Foundation, enable the continuity of this work, helping cover operational and legal expenses.

As of January 18, 2026, at 15:08 UTC, Hyperliquid’s HYPE token trades at $25.735, with a 1.18% uptick in 24-hour trading volume, according to the latest market data.