$106 Million Suspected Stolen From EU Entity as Funds Flow Into Monero: ZachXBT

More than $106 million may have been stolen on Nov. 1 from an EU entity’s accounts at multiple centralized exchanges, according to onchain investigator ZachXBT , who said he is highly confident the culprit is not North Korea’s Lazarus Group . The post did not identify the entity, the exchanges or how the accounts were accessed, and said the actor “remains unidentified.” As of publication, no exchange or victim had publicly confirmed a loss. According to ZachXBT, in the 24 hours before the alert, the actor was “aggressively swapping USDC for ETH,” then sent money to instant exchanges including WellWallet and Kyrrex , converted part of it to Monero (XMR) through the swap service Wagyu , and bridged funds across several chains.

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