Crypto investigator ZachXBT has uncovered more details about a major phishing scam that stole 3,520 BTC (worth $330 million) from an elderly U.S. investor. The attack, which occurred on April 28, used highly targeted social engineering tactics to bypass security across multiple exchanges.
Working alongside Binance’s security team and other collaborators, ZachXBT has managed to freeze over $7 million of the stolen funds. Two suspects — known online as “Nina/Mo” and ” W0rk”—have been identified, though over $300 million remains missing.
The attackers allegedly laundered the stolen BTC through Monero, creating noticeable market activity. Binance’s involvement in the investigation highlights its growing role in combating crypto-related crime.
While the victim remains unnamed, ZachXBT described them as a longtime Bitcoin holder who acquired their crypto through “interesting” methods.
The stolen funds may have been exposed via private data leaks, similar to recent phishing attacks on Binance users. The case is still developing, with more details expected as the investigation progresses.
Image Credit: Pixabay
Keep in mind that we may receive commissions when you click our links and make purchases. However, this does not impact our reviews and comparisons. We try our best to keep things fair and balanced, in order to help you make the best choice for you.
