ZachXBT: A user lost over $282 million in LTC and BTC due to a hardware wallet social engineering scam

Jan 17, 2026 08:38:57

Share to

According to monitoring by ZachXBT, a victim lost over $282 million in LTC and BTC due to a hardware wallet social engineering scam.

The attackers subsequently converted the stolen LTC and BTC into Monero through multiple instant exchange platforms, causing a temporary surge in XMR prices. Some BTC was also cross-chained to Ethereum, Ripple, and Litecoin networks via Thorchain. A total of approximately 2.05 million LTC and 1,459 BTC have been disclosed as stolen addresses.

Recent Fundraising

More
$10M Jan 16
$15M Jan 16
$800K Jan 16

New Tokens

More
Jan 26
Jan 22
Jan 21

Latest Updates on 𝕏

More
Jan 16
Ansem Followed UNE
Jan 16