Have fuel prices (XMR) increased by 50 % by $ 330 million? (Zachxbt weighs)

The social engineering fraud has lost more than 330 million dollars in BTC from an elderly investor based in the United States.

The stolen amount, which reached a total of 3520 BTC, has been drained from a wallet that has been mainly inactive since 2017.

Exploitation details

According to the results subscriber Under the Blockchain Zachxbt investigator on April 28, after the theft, the stolen encryption was transferred through at least six central exchange before converting it to Monero (XMR), a digital -focused digital currency that makes tracking of transactions difficult.

Moreover, the large size of the treatment caused a 50 % high code price due to limited liquidity.

The investigator in the series later open The victim was an elderly individual living in the United States. The theft occurred during the weekend through a very deceptive social engineering attack that led to the goal to give up their wallets without knowledge.

These fraud processes often use emails or phone calls to extract personal or confidential information.

The infiltrated definition is still unknown

The theft investigation remains continuous, as Zachbt follows the situation actively. Previously, the stolen BTC originated from “interesting” sources, which raised doubts about how to get money at first.

Moreover, while some X users speculated that the Lazarus group in North Korea may have participated, Sleuth has excluded them. Instead, he suggested that the independent and poor actors were the most likely perpetrators.

This is not the first major social engineering attack on the encryption space this year. In February, Zachbt also unveiled a chart that included Coinbase users who had stolen them through such exploits. Between December 2024 and January 2025, these individuals have lost $ 65 million in such incidents.

In general, the encryption industry was greatly exposed in the first quarter of 2025. According to a recently released report by Blockchain Peckshield, more than $ 1.6 billion of digital assets were stolen through breakthroughs during this period. Most of these losses came from the exploitation of Bybit, which represents more than 92 % of the total, which makes the case one of the largest encryption stolen in the recording.

In January, bad actors made more than $ 87 million, but February witnessed an increase in activity, stealing $ 1.53 billion. More incidents added another $ 126 million losses, including $ 50 million exploitation targeting Infini, hacking 9.5 million dollars on ZKLIND, and breaching $ 8.5 million in INIC.