ZachXBT reports suspected crypto theft exceeding $106 million from EU entity

Briefing by News4U · First published

Blockchain investigator ZachXBT reported on Monday that an unidentified European Union entity may have lost more than $106 million from accounts at multiple cryptocurrency exchanges on Sunday, CoinDesk reported. He said the suspected attacker withdrew dollar-pegged stablecoins and moved funds through several cryptocurrencies and services, including Monero. The victim, affected exchanges and method of account access remain unidentified. CoinDesk said the losses had not been independently confirmed and that neither the entity nor the exchanges involved had publicly confirmed the suspected theft. [1]

Sources

  1. CoinDesk: may have lost more than $106 million

    CoinDesk · · Excerpt

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