According to PANews on October 26th, on-chain detective ZachXBT tweeted that he did not call the crypto wallet Vultisig a scam, but rather criticized its founder, JP, for negligence and lack of ethics, such as his refusal to refund any fees incurred due to illegal activity and the theft of his personal wallet due to a North Korean hacker attack on his Telegram call. He expressed the possibility that he would evade all responsibility if a serious incident occurred in the future.According to PANews on October 26th, on-chain detective ZachXBT tweeted that he did not call the crypto wallet Vultisig a scam, but rather criticized its founder, JP, for negligence and lack of ethics, such as his refusal to refund any fees incurred due to illegal activity and the theft of his personal wallet due to a North Korean hacker attack on his Telegram call. He expressed the possibility that he would evade all responsibility if a serious incident occurred in the future.
ZachXBT: Didn't call the crypto wallet Vultisig a scam, only criticized the founder
According to PANews on October 26th, on-chain detective ZachXBT tweeted that he did not call the crypto wallet Vultisig a scam, but rather criticized its founder, JP, for negligence and lack of ethics, such as his refusal to refund any fees incurred due to illegal activity and the theft of his personal wallet due to a North Korean hacker attack on his Telegram call. He expressed the possibility that he would evade all responsibility if a serious incident occurred in the future.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Missouri Considers Bitcoin Reserve Fund using Donations
The post Missouri Considers Bitcoin Reserve Fund using Donations appeared on BitcoinEthereumNews.com. Missouri legislators have taken a significant step by introducing
Share
BitcoinEthereumNews2026/02/21 14:17
China Launches Cross-Border QR Code Payment Trial
The post China Launches Cross-Border QR Code Payment Trial appeared on BitcoinEthereumNews.com. Key Points: Main event involves China initiating a cross-border QR code payment trial. Alipay and Ant International are key participants. Impact on financial security and regulatory focus on illicit finance. China’s central bank, led by Deputy Governor Lu Lei, initiated a trial of a unified cross-border QR code payment gateway with Alipay and Ant International as participants. This pilot addresses cross-border fund risks, aiming to enhance financial security amid rising money laundering through digital channels, despite muted crypto market reactions. China’s Cross-Border Payment Gateway Trial with Alipay The trial operation of a unified cross-border QR code payment gateway marks a milestone in China’s financial landscape. Prominent entities such as Alipay and Ant International are at the forefront, participating as the initial institutions in this venture. Lu Lei, Deputy Governor of the People’s Bank of China, highlighted the systemic risks posed by increased cross-border fund flows. Changes are expected in the dynamics of digital transactions, potentially enhancing transaction efficiency while tightening regulations around illicit finance. The initiative underscores China’s commitment to bolstering financial security amidst growing global fund movements. “The scale of cross-border fund flows is expanding, and the frequency is accelerating, providing opportunities for risks such as cross-border money laundering and terrorist financing. Some overseas illegal platforms transfer funds through channels such as virtual currencies and underground banks, creating a ‘resonance’ of risks at home and abroad, posing a challenge to China’s foreign exchange management and financial security.” — Lu Lei, Deputy Governor, People’s Bank of China Bitcoin and Impact of China’s Financial Initiatives Did you know? China’s latest initiative echoes the Payment Connect project of June 2025, furthering real-time cross-boundary remittances and expanding its influence on global financial systems. As of September 17, 2025, Bitcoin (BTC) stands at $115,748.72 with a market cap of $2.31 trillion, showing a 0.97%…
Share
BitcoinEthereumNews2025/09/18 05:28
Pakistan launches crypto sandbox to advance regulation plans: Details
The post Pakistan launches crypto sandbox to advance regulation plans: Details appeared on BitcoinEthereumNews.com. Pakistan has officially launched a crypto testing
Share
BitcoinEthereumNews2026/02/21 14:35