The Defiant reports that investigator ZachXBT has identified a suspected theft exceeding $106 million from an EU entity. The investigation reveals that funds were withdrawn from various exchange accounts, converted into ETH, and subsequently routed through instant exchanges, Monero, and cross-chain bridges. The details of the incident highlight the complexities of tracking illicit crypto transactions.
AI-assisted source briefing. Based on the The Defiant report; not independently verified.
Source published: Mon, 02 Nov 2026 12:38:09 GMT
[Read the original report](https://thedefiant.io/news/hacks/zachxbt-flags-suspected-106-million-plus-theft-from-eu-entity)
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