Huo Xing Cai Jing reports that 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 of multiple centralized exchanges. ZachXBT noted that 7zarc disappeared from public view in 2022 and only reemerged in September 2026, and he has publicly demanded an explanation for the movement of these funds.
ZachXBT Claims 7zarc Linked to $70 Million Exit Scam Funds
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Summary
A crypto scam alert has been issued after chain analyst ZachXBT linked a wallet associated with 7zarc to 4,870 ETH (approximately $15 million), funds traced back to the $70 million Raidparty exit scam. The ETH was later transferred to multiple exchange deposits. 7zarc disappeared in 2022 and reappeared in September 2026, prompting ZachXBT to call for clarification. ETH news continues to highlight suspicious fund movements.
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