EU entity suspected of losing $106 million from exchange accounts
CIE News ·
Based on reporting by CoinDesk; not yet independently confirmed.
An unidentified EU entity is suspected of losing $106 million from exchange accounts, with the attacker laundering funds via Monero, CoinDesk reported.
An unidentified European Union entity is suspected of losing $106 million from crypto exchange accounts, according to CoinDesk citing onchain researcher ZachXBT. The attacker laundered the stolen assets through Ether (ETH), instant exchanges, and Monero (XMR). The specific identity of the victim and the targeted cryptocurrency exchanges remain unknown.
Key facts
- $106M suspected loss
- Victim unidentified
- Laundered via Monero