According to ChainCatcher, on-chain analyst ZachXBT said that Huang Licheng has agreed to withdraw the lawsuit against him. He expressed his gratitude to all those who donated and supported him during the process. The process of returning unused legal defense funds will be completed next week. Among them, the Ethereum mainnet will have a sum of funds to be returned. SOL and Pulse have just completed the refund, and the EVM chain will manually refund this week. More details will be announced later this week, and more than 90% of the donations will be returned.

ChainCatcher previously reported that in June this year, Huang Licheng sued ZachXBT for defamation. ZachXBT subsequently raised legal defense funds from supporters, and Binance and Coinbase provided financial support. ZachXBT issued a statement last year claiming that Huang Licheng misappropriated 22,000 ETH project funds.