🚨ZACHXBT SAYS SUSPECTED EU ENTITY HACK NOW AT $133M+! @zachxbt identified an additional $27M+ in CEX withdrawals by the illicit actor, bringing the total for the incident to $133M+. A portion of those withdrawals happened after his initial disclosure. His working theory is that a large financial institution in Western Europe was exploited and is currently being covered up. He also said the lack of proper disclosure has allowed $30M+ to be laundered that EU law enforcement could have frozen.
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