A victim lost over $282 million worth of LTC and BTC due to a scam and was exchanged for XMR.

GateNews
LTC0,07%
BTC0,17%
ETH-0,05%

Odaily Planet Daily reported that, according to ZachXBT monitoring, around 11:00 PM on January 10, 2026, a victim suffered losses exceeding $282 million USD in LTC and BTC due to social engineering scams involving hardware wallets.

The attacker began converting the stolen 2.05 million LTC and 1,459 BTC into Monero through multiple instant exchanges, causing the XMR price to rise. Additionally, the stolen BTC has been cross-chained via Thorchain to Ethereum, Ripple, and Litecoin. The compromised addresses include bc1ql…tf86, bc1qp…0wzm, and ltc1q…nr70.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Spot Bitcoin ETFs break 4-week inflow streak as capital avoids ‘directional risk’

Spot Bitcoin exchange-traded funds (ETFs) snapped a four-week inflow streak, posting $296.18 million in net outflows for the week ending Friday. The reversal follows a sustained run of inflows totaling more than $2.2 billion across four consecutive weeks, including $787.31 million, $568.45 million

Cointelegraph5m ago

BNP Paribas adds six Bitcoin, Ether ETNs for retail clients in France

BNP Paribas is launching six crypto-linked ETNs, allowing retail clients in France to gain exposure to Bitcoin and Ether through regulated investment products. This initiative aligns with the bank's broader digital asset strategy and aims to provide an accessible option for investors.

Cointelegraph10m ago

Spot Bitcoin ETFs End Four-Week Inflow; Capital Avoids Directional Risk

Spot Bitcoin exchange-traded funds (ETFs) shifted gears this week, snapping a four-week streak of inflows and posting a net outflow of $296.18 million for the period ending Friday. The reversal comes after a sustained run that had drawn more than $2.2 billion into spot BTC ETFs over the prior four w

CryptoBreaking21m ago
Comment
0/400
No comments