Post
Topic
Board Exchanges
Merits 11 from 6 users
Re: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20
by
xtests
on 23/02/2025, 09:35:10 UTC
⭐ Merited by eXch Support (5) ,Pmalek (2) ,icopress (1) ,JayJuanGee (1) ,Cricktor (1) ,paid2 (1)
Twitter clown ZachXBT and his lost credibility
[...]

It's interesting how bloggers like ZachXBT are attempting to shift the focus manipulating their audience simply because they need someone to blame.

The narrative they're pushing aims to absolve ByBit of fault, desperately fingerpointing at others who are barely related to the situation, diverting attention from ByBit as the main subject of discussion.

This tactic allows people to quickly forget that the real culprits in this story are ByBit, which bears full responsibility for ignoring the persistent threats in the information security industry. Many reputable security research firms (obviously not those like CertiK...) have been warning the industry about DPRK techniques targeting employees of large centralized exchanges to trick them into revealing credentials or deploying malware. Given the known data on how ByBit's wallet was compromised, it could have been easily prevented by simply educating their IT staff with access to critical infrastructure on the basics of information security. Clearly, this education was lacking, as evidenced by how easily they were deceived into providing credentials from ByBit's critical infrastructure to a phishing domain.

The whitehat community on Twitter/X seems reluctant to highlight ByBit's fault, instead opting to blame others, which comes across as a mix of frustration and desperation. Additionally, given that amateur whitehats like ZachXBT lack the sufficient technical training to investigate hacks thoroughly, their only effective tool becomes on-chain tracing of stolen funds that does not require one to become an IT security expert.

It's also crucial to remember that individuals like ZachXBT and Tayvano are themselves victims of significant hacks in the past, which renders them vulnerable and explains their subsequent focus on on-chain tracing, albeit with a victim mentality. For instance, very few in this community recognize that the Atomic Wallet hack is largely attributable to Tayvano (a close friend of ZachXBT), yet many still agree with and sympathize with her toxic behavior, as constantly evidenced by the lengthy and profane rants on her Twitter/X account.
From a practical psychology perspective, the tendency of ZachXBT and Tayvano to project their past faults onto others and to focus their lives on Twitter/X posts that blame others may reflect underlying psychological issues, such as unresolved trauma. This behavior can be indicative of a coping mechanism where individuals deflect their own insecurities and failures by criticizing others, allowing them to avoid confronting their own shortcomings.

I was somewhat of a supporter of ZachXBT in the past, having donated to him on several occasions, but in light of recent events where he desperately blames eXch with falsified facts, I have to reconsider my opinion of him.