ZachXBT: An EU entity suspected of having over $106 million in crypto assets stolen, with funds being moved across multiple ch
Original headlineZachXBT：某欧盟实体疑似遭盗取超 1.06 亿美元加密资产，资金正通过多链转移
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A European Union entity appears to have lost over $106 million in crypto assets on November 1, according to on-chain investigator ZachXBT, with funds withdrawn in USDC and USDT from multiple centralized exchange accounts. Over the past 24 hours, the suspected attacker has been converting USDC into ETH and moving funds through instant swap platforms including WellWallet and Kyrrex, while also swapping assets into Monero (XMR) via Wagyu. The stolen funds are being bridged across multiple blockchains in an apparent laundering effort. The incident underscores ongoing security risks facing institutional and exchange-held crypto assets. Watch for further tracing updates from ZachXBT, potential freezes or blacklisting of tainted addresses by stablecoin issuers, and any confirmation of the affected EU entity's identity.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
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