ChainCatcher report: On-chain detective ZachXBT posted that wallet addresses associated with 7zarc received a total of 4,870 ETH (approximately $15 million), sourced from addresses linked to the Raidparty project’s approximately $70 million “exit scam.” These ETH were subsequently transferred to deposit addresses at multiple centralized exchanges. ZachXBT noted that 7zarc disappeared from public view in 2022 and only reemerged in September 2026, publicly demanding an explanation for the movement of these funds.
ZachXBT Accuses 7zarc of Handling $70 Million in Exit Scam Funds from Raidparty
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Summary
A crypto scam alert has emerged as on-chain investigator ZachXBT accused 7zarc of receiving 4,870 ETH (approximately $15 million) linked to the $70 million exit scam involving the Raidparty project. The funds were later transferred to centralized exchange deposits. ZachXBT noted that 7zarc disappeared in 2022 and reappeared in September 2026, sparking demands for an explanation. This on-chain analysis underscores continued scrutiny of fund movements within the crypto scam alert landscape.
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