🇪🇸 Spanish, 2 November 2026, cryptocurrency heist
EU Entity Suspected of Losing $106 Million in Cryptocurrency Exchange Accounts
Analyst ZachXBT warns of possible $106 million loss linked to cryptocurrency exchange accounts belonging to a European Union entity.
The attacker allegedly moved the funds through various platforms and cryptocurrencies, although the final beneficiary and affected exchanges have not been identified.
The attack used a combination of ether, instant exchanges, and Monero to divert the funds, taking advantage of the speed and liquidity of the Ethereum network.
The incident highlights the growing complexity of illicit transactions in the cryptocurrency ecosystem and raises questions about the effectiveness of protection measures in the EU.