ZachXBT recovers majority of $177K stolen NFT proceeds after 9-month probe
Blockchain investigator ZachXBT revealed that after a "lengthy process" he has retrieved the majority of the proceeds from a stolen DeGods NFT sold in May 2023.
Pseudonymous on-chain researcher ZachXBT has recovered most of the funds from the sale of a rare DeGods non-fungible token (NFT), which was stolen in May 2023, after the original NFT holder fell victim to a phishing scam.
In a February 24 post on X, ZachXBT informed his 505,200 followers of the results of his nine-month investigation into the theft of the DeGods #3251 NFT, revealing that most of the funds have now been returned to the victim.
The NFT was sold in May 2023 for 99 Ethereum (ETH), which was worth approximately $177,000 at the time.
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