ZachXBT Reveals Identity of $330 Million Bitcoin Theft Victim in US
ZachXBT confirmed that the victim of this theft was an elderly individual residing in the U.S. From the investigations’ perspective, the theft was related to social engineering. The victim’s Bitcoin was moved from a wallet that was holding a substantial amount of cryptocurrency.
ZachXBT, an on-chain investigator, revealed the identity of a victim involved in a massive Bitcoin theft in the United States. The stolen funds, totalling 3,520 BTC (approximately $330 million), were transferred from the victim’s wallet to a different address.
$330 Million Bitcoin TheftVictim Identified
ZachXBT confirmed that the victim of this theft was an elderly individual residing in the U.S. From the investigations’ perspective, the theft was related to social engineering. This type of crypto scam includes deceptive practices that are a form of fraud like emails or phone calls with the aim of obtaining personal and confidential information from the target.
The victim’s Bitcoin was moved from a wallet that was holding a substantial amount of cryptocurrency.
The attackers specifically targeted this individual, who seems unaware of the sophisticated methods they employed. ZachXBT expressed concern about how the attackers were able to access the victim’s private information, given the advanced nature of the scam.
