Funds involved rise above $133 million, ZachXBT says suspected attack on European institution

Odaily reports: According to monitoring by ZachXBT, the European institution previously suspected of being hacked has been found to have over $27 million in anomalous withdrawals from centralized trading platforms, bringing the total funds involved in the incident to over $133 million. Some platform withdrawals occurred after its initial disclosure of the incident. ZachXBT offered a speculation yet to be confirmed, stating that the incident may involve an attack on a large financial institution located in Western Europe, and the related situation may currently be being covered up. He also stated that due to the absence of proper incident disclosure, over $30 million has already been transferred and laundered, and EU law enforcement agencies might originally have had the opportunity to freeze these funds.