Close Menu
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
What's Hot

Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000

October 7, 2025

Dutch crypto firm Amdax raises $35m to buy Bitcoin

October 7, 2025

Why did BTC reach a new all-time high?

October 7, 2025
Facebook X (Twitter) Instagram
Tuesday, October 7 2025
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
Facebook X (Twitter) Instagram
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
StreamLineCrypto.comStreamLineCrypto.com

ZachXBT reveals $7M of the OG holder’s stolen Bitcoin was frozen with Binance’s help

May 3, 2025Updated:May 3, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
ZachXBT reveals M of the OG holder’s stolen Bitcoin was frozen with Binance’s help
Share
Facebook Twitter LinkedIn Pinterest Email
ad



ZachXBT reveals $7M of the OG holder’s stolen Bitcoin was frozen with Binance’s help

Blockchain analyst ZachXBT revealed that roughly $7 million of the $330 million in Bitcoin (BTC) stolen from a longtime US crypto holder has been frozen with the assistance of Binance.

The replace comes days after ZachXBT first reported a suspicious switch of three,520 BTC, price about $330 million on the time, from a single pockets.

Two suspects

On April 30, the investigator revealed that the sufferer is an aged American who fell prey to a social engineering assault. The Bitcoin was rapidly moved throughout at the very least six exchanges and laundered into Monero (XMR).

ZachXBT stated two suspects have been recognized: a Somalian nationwide often known as “Nina” or “Mo,” who allegedly runs a name rip-off operation in Camden, UK, and an confederate known as “W0rk.”

Each people deleted their social media accounts after being named.

The theft relied on social engineering techniques, a type of deception that usually entails phishing or impersonation to achieve entry to delicate credentials.

In response to ZachXBT, the attackers operated a coordinated scheme involving faux web sites and voice calls to govern the sufferer into revealing personal keys or login credentials.

Binance and crypto sleuths freeze stolen funds

ZachXBT credited Binance’s safety crew, the pseudonymous investigator tanuki42, and Cryptoforensic Investigators with serving to freeze about $7 million of the stolen funds.

Binance has not issued a proper public remark, however the platform has a historical past of collaborating with regulation enforcement and onchain analysts to intercept illicit exercise.

This marks a uncommon occasion of fast restoration following a large-scale crypto theft. The remaining funds are believed to be tougher to hint, having been funneled into Monero, a coin designed to obscure pockets balances and transaction historical past.

The $330 million theft now ranks among the many largest single-wallet heists in crypto historical past. It has additionally reignited issues concerning the vulnerability of early adopters who could not have up to date safety practices or chilly storage protections.

In earlier reporting, ZachXBT known as the theft “deeply upsetting,” particularly contemplating the sufferer’s age and standing as an early supporter of the Bitcoin community. Investigations are ongoing because the crypto neighborhood and personal investigators try and hint any additional motion of the funds.

Talked about on this article



Source link

ad
Binances Bitcoin Frozen Holders Reveals stolen ZachXBT
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Related Posts

Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000

October 7, 2025

Dutch crypto firm Amdax raises $35m to buy Bitcoin

October 7, 2025

Why did BTC reach a new all-time high?

October 7, 2025

Solana ETF vs. Ether: Can SOL Outperform ETH?

October 7, 2025
Add A Comment
Leave A Reply Cancel Reply

ad
What's New Here!
Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000
October 7, 2025
Dutch crypto firm Amdax raises $35m to buy Bitcoin
October 7, 2025
Why did BTC reach a new all-time high?
October 7, 2025
Solana ETF vs. Ether: Can SOL Outperform ETH?
October 7, 2025
Grayscale’s Ethereum ETFs And Solana Fund Introduce Staking Features Today – Key Details
October 7, 2025
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
© 2025 StreamlineCrypto.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.