Hey folks, if you've been following the wild world of crypto scams, you've probably heard of ZachXBT—the on-chain sleuth who's basically a superhero for exposing blockchain bad guys. His investigations have led to millions in frozen funds and a string of arrests. Well, buckle up, because he's dropped another bombshell: the arrest of Danny Meech, a British crypto crook tied to one of the biggest heists in recent memory.

The $243M Genesis Creditor Heist: A Quick Recap

Back in August 2024, a group of scammers pulled off a jaw-dropping theft, swiping $243 million from Genesis creditors. These weren't your run-of-the-mill hackers; they used old-school social engineering tricks mixed with high-tech crypto laundering. We're talking SIM swaps—where fraudsters hijack your phone number to bypass two-factor authentication—and targeted phishing that hit major players like BlockFi, Genesis, and FTX.

ZachXBT's deep dive into the scam laid it all out: the thieves compromised bankruptcy databases, posed as exchange reps, and funneled the loot through a web of Ethereum addresses and Monero mixers. Over $41 million got blown on luxury cars, watches, and designer threads—because nothing says "low profile" like a Lambo in Miami.

Enter Danny Meech: The British Brain Behind the SIM Swaps

Danny Meech, also known as Danish Zulfiqar Khan, is the latest domino to fall. This UK-based threat actor wasn't just a side player; he was deep in the mix. According to ZachXBT's update, Danny had access to multiple bankruptcy databases, making him a goldmine for targeting vulnerable crypto holders. He was active in the scammers' Telegram chats under the handle "Meech," coordinating the chaos.

But here's where it gets juicy: Danny's also linked to a 2023 SIM swap that compromised Pi of BlockFi, Genesis, and FTX, leading to over $100 million in targeted social engineering scams. Talk about a repeat offender. His ex-girlfriend even leaked his photos online, turning what should have been a ghost into a public face.

The Dubai Raid: Villa Stormed, Assets Seized

Fast-forward to December 2025, and Danny's last known spot was a swanky villa in Dubai—the crypto scammer's paradise. Law enforcement raided the place, nabbing him and possibly others. ZachXBT spotted the signs on-chain: multiple addresses tied to Danny consolidated funds into 0xb37d617716e46511E56FE07b885fBdD70119f768, holding about $18.58 million in seized crypto. That's the kind of pattern that screams "busted."

A superseding indictment confirmed it all, wrapping Danny into the broader case. This isn't just a solo bust; it's part of a multi-year takedown. Remember the earlier arrests?

• Malone (Greavys)​ and Jeandiel (Box)​ got pinched in Miami and LA back in September 2024.
• Veer Chetal (Wiz)​ was nabbed by U.S. Marshals in March 2025.
• And just this May, twelve more players, including launderer Aakaash Anand, faced charges.

Thanks to teams like CipherBlade Investigators, ZeroShadow, and Binance Security, over $9 million has been frozen, with $500K already returned to victims.

Why This Matters for Meme Token Traders and Blockchain Fans

Look, meme tokens might be all about the fun and the pumps, but the underbelly of crypto is riddled with these kinds of scams. SIM swaps and database hacks don't discriminate—they hit everyone from blue-chip holders to degens chasing the next $PEPE moonshot. Danny's bust is a win for accountability, showing that even in crypto's Wild West, the sheriffs are catching up.

If you're in the space, here's a quick tip: Use hardware wallets, enable strong 2FA (not SMS), and keep an eye on on-chain sleuths like ZachXBT. Tools like Etherscan can help you track suspicious flows yourself.

Stay safe out there, insiders. What's your take on this Dubai drama? Drop a comment below—have you ever dodged a SIM swap scare? Let's chat.

Follow Meme Insider for more on meme token trends, scam alerts, and blockchain deep dives. Knowledge is your best defense.