In brief
- Around $21 million in crypto was stolen from addresses tied to Japanese miner SBI Crypto, according to blockchain sleuth ZachXBT.
- The blockchain sleuth says that the crypto has been laundered via Tornado Cash.
- SBI Crypto has yet to acknowledge the suspicious transfers.
Suspicious outflows totaling about $21 million from addresses tied to Japan-based crypto miner SBI Crypto were labeled “stolen” by a blockchain expert.
Blockchain sleuth ZackXBT highlighted the movements from the company, writing on Telegram that the missing funds included Bitcoin, Ethereum, Litecoin, Dogecoin, and Bitcoin Cash.
He added that the funds were moved to “instant exchanges” or laundered through coin mixer Tornado Cash.
The incident is the latest…
Oct 24 2025
