Blockchain investigator ZachXBT raised his estimate of a suspected crypto theft from an unidentified European Union entity to more than $133 million, up from $106 million, after identifying another $27 million in withdrawals from centralized exchanges. He said some withdrawals occurred after his initial disclosure. The victim’s identity and his allegation that a Western European financial institution was concealing an exploit remain unverified.
Bitquery reported that $62.98 million in stablecoins was converted into 27,553 Ether within roughly four hours. As of 13:47 UTC on Monday, about $78.3 million remained in wallets linked to the suspected attacker, while $30.5 million had moved out of tracked addresses. Bitquery said only $3.74 million remained in USDC that issuer Circle could potentially freeze.
