Hyperliquid Donates $254,000 to ZachXBT After Fraud Investigations

- A $254,000 donation in HYPE tokens from the Hyperliquid Foundation to investigator ZachXBT. - The second-largest institutional gift for the investigator, underscoring his pivotal role in blockchain security. On January 18, 2026, the Hyperliquid Foundation donated 10,000 HYPE tokens, valued at approximately $254,000, to blockchain investigator ZachXBT. The contribution cements the role of ZachXBT, who is renowned for uncovering fraudulent activities across multiple platforms, as a key figure in the blockchain community. On January 18, Cryptopolitan, Phemex, and AInvest reported this is the second-largest institutional gift the investigator has received. ZachXBT's notable history with Hyperliquid traces back to his March 2025 investigation that exposed William Parker’s fraudulent activity. In that case, ZachXBT discovered that Parker, a high-profile trader on Hyperliquid's decentralized exchange, had accumulated $20 million in illicit profits using proceeds from phishing scams and casino exploits. During the same investigation, ZachXBT also uncovered additional incidents on the Hyperliquid network, including a $400,000 exploit involving stolen Hypurr NFTs from compromised wallets. Although neither the Hyperliquid Foundation nor ZachXBT has disclosed the reason for the donation, the community widely interprets it as an acknowledgment of ZachXBT’s impactful work safeguarding the blockchain ecosystem's integrity. As of 15:08 UTC on January 18, Hyperliquid (HYPE) was trading at $25.735, reflecting a 1.182% increase in 24-hour trading volume. At that time, the platform maintained a robust market cap of $7.77 billion, and current data showed active engagement within the blockchain sector.