tldr; The hacker behind the $282M Bitcoin and Litecoin theft on January 10, 2026, is actively laundering funds. Approximately $71M in Bitcoin was bridged to Ethereum, Ripple, and Litecoin using Thorchain. Stolen assets were routed through Tornado Cash and exchanges like KuCoin, WhiteBit, and Huobi. The theft, linked to a hardware wallet social engineering scam, also saw conversions to Monero, causing its price to surge. Investigators continue to track the stolen funds across multiple blockchains and exchanges.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
DryMyBottom on
I hope they catch this son of a bitch, he belongs to jail
heyheyshinyCRH on
So what’s the best way for me to get all this money to my bank account without getting caught? Err the thief I mean, hypothetically of course.
MrWonderfulPoop on
I don’t understand how Zack can claim some is going to Monero, how could he possibly prove that?
He has to be making the assumption that “stolen money starts moving” + “XMR starts to shoot up” = “it’s being moved to untraceable XMR.”
Affectionate-End5470 on
Is it possible to mix and not leave a trace at all?
ZeraPain on
I know Social Engineering, but what the hell is a Hardware Social Engineering scam?
And how the hell does a person with 282M fall for this…
6 Comments
tldr; The hacker behind the $282M Bitcoin and Litecoin theft on January 10, 2026, is actively laundering funds. Approximately $71M in Bitcoin was bridged to Ethereum, Ripple, and Litecoin using Thorchain. Stolen assets were routed through Tornado Cash and exchanges like KuCoin, WhiteBit, and Huobi. The theft, linked to a hardware wallet social engineering scam, also saw conversions to Monero, causing its price to surge. Investigators continue to track the stolen funds across multiple blockchains and exchanges.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I hope they catch this son of a bitch, he belongs to jail
So what’s the best way for me to get all this money to my bank account without getting caught? Err the thief I mean, hypothetically of course.
I don’t understand how Zack can claim some is going to Monero, how could he possibly prove that?
He has to be making the assumption that “stolen money starts moving” + “XMR starts to shoot up” = “it’s being moved to untraceable XMR.”
Is it possible to mix and not leave a trace at all?
I know Social Engineering, but what the hell is a Hardware Social Engineering scam?
And how the hell does a person with 282M fall for this…