In a commendable act of conflict resolution, Machi Big Brother, a notable figure in the NFT trading landscape, has officially announced the drop of his defamation lawsuit against blockchain researcher ZachXBT.
“I withdraw my defamation suit against ZachXBT. Zach has often done the crypto community a great service in the past and taking legal action against him was a last resort, but not the right course of action.” – Machi Big Brother
About two months earlier, Machi Big Brother filed a lawsuit against Zach, alleging that an article by the latter had caused significant damage to his reputation within the crypto space. The announcement of this lawsuit received strong support from the wider web3 community for Zach. This sentiment was reflected not only in words, but also in deeds, as many generously contributed to Zach’s legal defense fund.
The catalyst for resolution:
Despite the initially contentious situation, Machi’s decision to drop the lawsuit is primarily rooted in Zach’s impactful and consistent contributions to the crypto community. In addition, in a show of good faith and commitment to mending fences, Zach has reviewed and amended the disputed article, addressing the points of contention. This proactive approach from Zach was instrumental in facilitating resolution of the dispute.
The two sides have now come to a mutual agreement and have chosen to bury the hatchet and move forward with a spirit of cooperation and positivity. Today @machibigbrother agreed to voluntarily withdraw the lawsuit. I’ve updated my article with additional context from Machi + edits of my own While I’m disappointed it went the legal route in the first place, I appreciate that we can find a solution – ZachXBT
TLDR: Machi Big Brother drops his defamation lawsuit against ZachXBT after recognizing Zach’s value to the crypto community. Changes made to the controversial article by Zach were instrumental in resolving the dispute, with both parties agreeing to move forward amicably.