European authorities and exchange users are watching closely after blockchain investigator ZachXBT alleged that an unidentified entity in the European Union suffered losses exceeding $106 million...
ZachXBT says an EU entity lost more than $106 million from exchange accounts, with funds moved toward Monero—and says it isn’t Lazarus Group behind it.
The unidentified attacker moved funds through ether, instant exchanges and Monero, but the victim and affected exchanges remain unknown.
A European entity may have lost $106 million from exchange accounts, while a wallet associated with a Solana arbitrage bot may have lost another $786,000.
The investigator says funds withdrawn from multiple exchange accounts were being swapped into ETH and routed through instant exchanges, Monero and cross-chain bridges.... Read the full story at...
An organization based in the European Union may have had more than $106 million drained from several of its centralized exchange accounts. Reports state that the thief rapidly converted the...
ZachXBT said that multiple laundering indicators give him high confidence that the North Korean threat actor Lazarus Group is not responsible.
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