ZachXBT Suspects European Institution Is Covering Up Crypto Breach, Says $30M Could Have Been Frozen Blockchain investigator ZachXBT said he identified more than $27 million in…
Wu Blockchain Published: 2026-11-03 07:53 UTC Collected: 2026-11-03 10:35 UTC Original language: Not supplied by source
ZachXBT Suspects European Institution Is Covering Up Crypto Breach, Says $30M Could Have Been Frozen
Blockchain investigator ZachXBT said he identified more than $27 million in additional suspicious …
ZachXBT Suspects European Institution Is Covering Up Crypto Breach, Says $30M Could Have Been Frozen
Blockchain investigator ZachXBT said he identified more than $27 million in additional suspicious withdrawals from centralized exchanges, bringing the total linked to a suspected crypto theft to over $133 million. Some withdrawals occurred after his initial disclosure. ZachXBT speculated that a major financial institution in Western Europe may have been compromised and was concealing the breach. He criticized the lack of timely disclosure, claiming it allowed more than $30 million to be laundered that EU authorities might otherwise have frozen. The victim's identity and actual losses remain unconfirmed.
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