PANews, September 9: On-chain investigator ZachXBT posted on X, accusing user "Mr Austin Fine" (@xmrfine) of charging fees to convert the stolen crypto assets of victim Malone into luxury goods and alleging that he "may have snitched." ZachXBT stated that he will consider the individual "cut off" until the victim is compensated and that this will negatively impact all current and future brand partnerships. ZachXBT later added that he has traced part of the funds on-chain, which flowed through Monero to purchase a vehicle from the Los Angeles luxury car dealer TBTFW.
ZachXBT Accuses Crypto Practitioner of Facilitating Money Laundering of Stolen Assets
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Summary
On-chain news reveals that ZachXBT has accused user 'Mr Austin Fine' (@xmrfine) of assisting in laundering stolen cryptocurrency into luxury goods. ZachXBT stated he would sever ties until victims are compensated and warned of consequences for brand partnerships. He later traced Monero funds to TBTFW, an LA car dealership linked to real-world assets (RWA) news, for vehicle purchases.
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