Multiple outlets report that on-chain investigator ZachXBT attributes a suspected crypto theft to activity involving an unidentified EU entity and funds held on centralized exchange accounts. Decrypt says the loss exceeds $106 million, while Cointelegraph later reports the estimate has risen to $133 million after ZachXBT identified additional exchange withdrawals.
Across coverage, the victim remains unnamed and the specific exchanges are not identified. CoinDesk adds that the suspected attacker moved funds through ether, “instant exchanges,” and Monero, while the identity of the attacker and the exchanges affected are not established in the reporting. Cointelegraph’s update notes some withdrawals occurred after ZachXBT first flagged the suspected theft, supporting the higher estimate. Overall, the outlets frame the story as an evolving on-chain investigation rather than a confirmed attribution by authorities.
