A victim lost over $282 million worth of LTC and BTC due to fraud, which were then exchanged for XMR.
According to Odaily, monitored by ZachXBT, around 23:00 on January 10, 2026, a victim lost over $282 million worth of LTC and BTC due to a hardware wallet social engineering scam.
The attacker began exchanging the stolen 2.05 million LTC and 1,459 BTC for Monero through multiple instant exchanges, causing the price of XMR to rise. In addition, the stolen BTC has been cross-chained via Thorchain to Ethereum, Ripple, and Litecoin. The stolen addresses include bc1ql...tf86, bc1qp...0wzm, and ltc1q...nr70.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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