Blockchain investigator ZachXBT has joined research-driven cryptocurrency investment firm Paradigm as an advisor.
ZachXBT, who describes himself as a scam survivor turned 2D investigator, confirmed the development in a post on X on Feb. 26. According to the well-known blockchain analyst, his role at Paradigm will be that of incident response advisor, working with the cryptocurrency venture capital firm’s portfolio companies.
While joining the firm, the pseudonymous on-chain investigator emphasized that he will continue focusing on his primary work, investigating and solving blockchain-related crimes. He described his decision to join Paradigm as an easy one.
“It was an easy decision as this gives me the freedom to continue helping the community and publishing investigations like. I’ve always respected how Paradigm has given back to the space by funding initiatives such as Security Alliance, publishing open source research, and helping defend the right to privacy.”
Commenting on the collaboration, Paradigm co-founder Matt Huang also confirmed ZachXBT’s work in the space will not change. Huang said:
“ZachXBT is a legend, using onchain forensics to keep bad actors accountable. He has returned over $350M to victims of hacks and scams. This is increasingly important as the industry grows. We’re excited for ZachXBT to be joining Paradigm as an advisor. Nothing about his focus will change; we just want to support his ability to keep up the good work.”
ZachXBT has exposed numerous cryptocurrency-related crimes, with his in-depth investigations aiding law enforcement in apprehending bad actors.
In his latest effort, the investigator helped identify the Lazarus Group as the hackers behind the $1.5 billion heist on Bybit. This saw him win a $50k bounty offered by Arkham.
Bybit also acknowledged ZachXBT’s input in the rollout of the exchange’s platform dedicated to taking the fight to the Lazarus hackers.
