Alleged $106M Theft: EU Entity's CEX Accounts Drained, Funds Swapped to ETH, XMR
A community alert reported by tokenpost.com alleges an EU entity lost over $106 million from multiple centralized exchange accounts on Nov. 1. The funds were withdrawn as USDC and USDT, swapped for Ether, bridged across chains, and some converted to Monero. Four wallets are linked to the suspected theft.
A community alert, as reported by tokenpost.com, claims that an EU-based entity lost more than $106 million from several centralized exchange accounts on Nov. 1. The withdrawals were made in USD Coin (USDC) and Tether (USDT). The actor then swapped USDC for Ether (ETH) and moved the funds across multiple chains.
Within a 24-hour window, the funds were sent to instant-exchange services including WellWallet and Kyrrex. Some were converted into Monero (XMR) through Wagyu. The alert says the actor also bridged funds across several chains.
The community alert links four on-chain addresses to the suspected theft. They are: 0xADd95cD98E0288ba69785E3151E1db86adF8Dd58, 0x29e9D7715D935e0D0D4B0DD0efC952A97E551020, 0x378B4f150707C283574DC89739608D29036D57d5 and 0x795a9d22F233024487161Fe6daFf73397.
The entity is described only as an EU entity, and the specific centralized exchanges involved were not named. WellWallet and Kyrrex served as instant-exchange destinations, while Wagyu was used to move funds into Monero.
TopicsUSDC · USDT · ETH · XMR · WellWallet · Kyrrex · Wagyu · tokenpost.com
Source: tokenpost.com
Written by Paparazzi with AI. Not financial advice.
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