ZachXBT | Crypto

ZachXBT says both the wallet addresses that sent Silk Road founder Ross Ulbricht 300 Bitcoin were active in 2014 and 2019 while he was in prison. Ross Ulbricht’s recent receipt of 300 Bitcoin is from “questionable sources,” but it’s unlikely to be a case where he donated it to himself, says blockchain researcher ZachXBT. Ulbricht, who founded the infamous online black market Silk Road, received 300 Bitcoin (BTC), worth $31.4 million, to his wallet that was soliciting donations, Blockchain analytics firm Lookonchain said in a June 1 post to X. The funds came from wallets using a centralized mixing service called Jambler, which led some social media users to speculate, without evidence, that the funds could be Ulbricht’s profits from the Silk Road, which he might have hidden away before he was nabbed by authorities and sent to prison. Read more

Cybersecurity researcher ZachXBT said they identified the wallet linked to the scam. Law enforcement detained the wrong person for a 2022 scam that pilfered more than $1 million worth of Bored Ape non-fungible tokens (NFTs), cybersecurity researcher ZachXBT said.  In a May 9 X post, ZachXBT said he identified the wallet behind the scam and linked it to an X account that has since been deleted.  But in 2023, law enforcement detained Sam Curry, a former Yuga Labs security researcher, at an airport as a suspect in the incident, ZachXBT said. Yuga Labs is the company behind the Bored Ape Yacht Club NFT collection.  Read more

Blockchain investigator ZachXBT revealed that Coinbase users lost another $45 million over the past week due to coordinated social engineering scams.  The update, shared on his Telegram channel, identifies multiple wallet addresses connected to the theft and links the latest activity to a broader pattern of crypto heists that has persisted for months. The report […] The post ZachXBT reveals Coinbase users lost another $45M in a week to ongoing social engineering scams appeared first on CryptoSlate.

Blockchain analyst ZachXBT revealed that roughly $7 million of the $330 million in Bitcoin (BTC) stolen from a longtime US crypto holder has been frozen with the help of Binance. The update comes days after ZachXBT first reported a suspicious transfer of 3,520 BTC, worth about $330 million at the time, from a single wallet. […] The post ZachXBT reveals $7M of the OG holder’s stolen Bitcoin was frozen with Binance’s help appeared first on CryptoSlate.