• Suspicious 4,064 BTC transfer worth $238M raises hack concerns within the crypto community.
• Funds quickly dispersed across platforms linked to money laundering and asset concealment.
• On-chain detective ZachXBT flags this suspicious $238M Bitcoin transfer, raising hack concerns.

A suspicious 4,064 BTC transfer, worth roughly $238 million, has raised suspicions of a potential hack. On-chain investigator ZachXBT flagged the transaction, which saw funds rapidly dispersed across platforms like ThorChain and ChangeNow.

The unusual nature of the transaction and the use of platforms often associated with money laundering is what has heightened concerns within the community.

The funds were quickly dispersed across various platforms, including ThorChain, eXch, Kucoin, ChangeNow, Railgun, and Avalanche Bridge. These platforms have been linked to ef…

The post On-Chain Analysis Reveals Suspicious $238M Bitcoin Transfer appeared first on Coin Edition.

• Suspicious 4,064 BTC transfer worth $238M raises hack concerns within the crypto community.
• Funds quickly dispersed across platforms linked to money laundering and asset concealment.
• On-chain detective ZachXBT flags this suspicious $238M Bitcoin transfer, raising hack concerns.

A suspicious 4,064 BTC transfer, worth roughly $238 million, has raised suspicions of a potential hack. On-chain investigator ZachXBT flagged the transaction, which saw funds rapidly dispersed across platforms like ThorChain and ChangeNow.

The unusual nature of the transaction and the use of platforms often associated with money laundering is what has heightened concerns within the community.

The funds were quickly dispersed across various platforms, including ThorChain, eXch, Kucoin, ChangeNow, Railgun, and Avalanche Bridge. These platforms have been linked to ef…

The post On-Chain Analysis Reveals Suspicious $238M Bitcoin Transfer appeared first on Coin Edition.