Suspected EU Crypto Theft Estimate Rises to $133M

Blockchain investigator ZachXBT raised the suspected crypto theft estimate from a European Union entity to more than $133 million. He identified another $27 million in withdrawals from centralized exchanges, increasing initial losses from $106 million. Bitquery reported $62.98 million in stablecoins converted to Ether, while only $3.74 million in USDC remained for potential freezing by issuer Circle.