ZachXBT Finds $27M in Extra Withdrawals, Raising Suspected EU Theft Above $133M

TL;DR ZachXBT identified more than $27 million in exchange withdrawals, raising his estimate of a suspected theft involving an unidentified EU entity above $133 million. The actor moved USDC and USDT into ETH, instant exchanges, bridges and Monero, while ZachXBT added four Ethereum addresses to the original set. ZachXBT suspects a large Western European financial institution was exploited and withheld disclosure, but the victim’s identity, loss and alleged cover-up remain unverified. Blockchain investigator ZachXBT has raised the estimated size of a suspected theft involving an unidentified EU entity to more than $133 million , after tracing over $27 million in additional withdrawals from centralized exchanges. In his latest investigation update , he said some of those withdrawals occurred after his initial public disclosure.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Crypto Economy.