ZachXBT Reveals $282M Bitcoin and Litecoin Theft from Hardware Wallet Scam
Share:
Predictions Markets
See what traders are focused on
- Single victim lost over $282M in BTC and LTC through a hardware wallet social engineering scam.
- Stolen assets were swapped into Monero and bridged across chains using Thorchain.
- Theft occurred amid modest crypto market gains, despite lower reported exploit losses in December.
A large-scale cryptocurrency theft linked to a social engineering attack has drawn attention after on-chain investigator ZachXBT disclosed that a single victim lost more than $282 million in digital assets earlier this month.
According to ZachXBT, the incident occurred around 23:00 UTC on Jan. 10, 2026, and involved Bitcoin (BTC) and Litecoin (LTC) held in a hardware wallet. In a post on X, he said the victim was deceived through a social engineering scam, resulting in the unauthorized transfer of approximately 2.05 million LTC and 1,459 BTC.
At the time of disclosure, the combined value of…
Read The Full Article ZachXBT Reveals $282M Bitcoin and Litecoin Theft from Hardware Wallet Scam On Coin Edition.
Read More
Bitcoin treasury company Empery Digital sold about half of BTC stack
