Suspected EU crypto theft estimate rises to $133 million
In short
The suspected crypto theft linked to the EU is now estimated at $133 million.
ZachXBT said he found another $27 million in exchange withdrawals, and some happened after he first raised the alarm. The report does not name the exchange or say whether any money was recovered.
What the reporting says
The estimate for a suspected EU crypto theft rose to $133 million after ZachXBT identified another $27 million in exchange withdrawals. Some of those withdrawals reportedly happened after he first flagged the suspected theft. The available reporting does not identify the exchange, the victims or whether funds were recovered.
Why it matters
A suspected crypto theft tied to the EU is now estimated at $133 million after ZachXBT identified an additional $27 million in withdrawals. The update suggests the size of the incident may be larger than first thought. The reporting does not state who was hit, which exchange was involved, or whether any assets were recovered.