Crypto

EU entity suspected of losing $106 million from crypto exchange accounts, ZachXBT says

Summary

Blockchain investigator ZachXBT reports that an unidentified European Union entity may have lost over one hundred million dollars from digital asset exchange accounts. The stolen funds were quickly converted into different cryptocurrencies and privacy coins by the attacker, though the specific victim and impacted platforms have not yet been identified.

The unidentified attacker moved funds through ether, instant exchanges and Monero, but the victim and affected exchanges remain unknown.

Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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