Crypto User Loses $282M in Bitcoin, Litecoin in Wallet Scam
A crypto holder lost over $282 million in Bitcoin and Litecoin on January 10 through a hardware wallet social engineering scam, according to blockchain investigator ZachXBT.
Summary
- A single crypto holder lost over $282M in Bitcoin and Litecoin in a hardware wallet scam.
- Stolen funds were laundered via Thorchain and converted into Monero, spiking XMR price.
- ZachXBT linked the theft to a wider January wallet-draining campaign across chains.
The theft occurred around 11 pm UTC and is one of the largest individual crypto heists of 2026.
The attacker immediately began laundering stolen assets through multiple instant exchanges, converting LTC and BTC into…




