NewsSignals AI analysis·Cointelegraph·
Suspected EU crypto theft estimate rises to $133M: ZachXBT
Grade Sbearish AI signal$ETH$XMR$USDC
A suspected cryptocurrency theft involving an unidentified European Union entity has grown to more than $133 million, according to blockchain investigator ZachXBT.
ZachXBT identified another $27 million in exchange withdrawals, while Bitquery tracked $62.98 million in stablecoins converted into 27,553 ETH within roughly four hours, with approximately $78.3 million remaining in attacker-linked wallets as of Monday 13:47 UTC.
The expanding losses and continued laundering could intensify scrutiny of crypto security and raise concerns about the ability to freeze stolen digital assets.
Bullish strength: 25/100
- The suspected attacker converted $62.98 million in stablecoins into 27,553 ETH, representing substantial ETH acquisition activity.
Bearish strength: 75/100
- Estimated suspected theft increased from $106 million to more than $133 million.
- More than $30 million was reportedly laundered.
- Approximately $78.3 million remained in wallets linked to the suspected attacker.
- Only $3.74 million remained in USDC that Circle could potentially freeze.
- The suspected victim's identity and alleged cover-up remain unverified.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.