
ZachXBT: Suspected Attack on EU Institution Raises Losses to $133 Million According to ZachXBT’s updated investigation, an additional $27 million in suspicious centralized exchange withdrawals have been identified from the previously suspected European institution, raising the total funds involved in the incident to over $133 million. Some of these exchange withdrawals occurred after the initial disclosure of the event. ZachXBT has proposed an unverified hypothesis suggesting that a large financial institution in Western Europe may have been compromised, with details potentially being concealed. Over $30 million had already been transferred and laundered due to inadequate incident disclosure, and EU law enforcement agencies may have previously had the opportunity to freeze those funds.
