$21M in Bitcoin and Other Crypto Stolen From Japanese Miner SBI, Says Blockchain Sleuth
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 in a series of breaches this year, including the $1.4 billion hack of crypto exchange Bybit and theft of almost $50 million from crypto neobank Infini. The total amount stolen from various crypto entities this year by the end of February had already nearly matched…