OriginalSourceDecryptLeanUnratedCredibilityUnratedPublished21:16 UTCSourceDecryptLeanUnratedCredibilityUnratedPublished21:16 UTC
“Mystery $106 Million Crypto Theft Hits EU Entity Days After Binance Hack”
EU entity suspected of losing over $106 million from centralized exchanges
Key points
- Unnamed EU entity reportedly lost more than $106 million on Nov. 1, per ZachXBT.
- Funds were withdrawn as USDC and USDT stablecoins by an illicit actor.
- Attacker swapped USDC/USDT for ETH and used instant exchanges and Monero.
- ZachXBT states the culprit is not Lazarus Group with high confidence.
- This theft follows the record Binance hack and other recent crypto incidents.
How it got here
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