ZachXBT revealed that around $7 million of the $330 million in stolen Bitcoin from an elderly U.S. investor has been frozen with Binance’s help. The victim was deceived via a social engineering attack, leading to the withdrawal of 3,520 BTC, which was quickly laundered through exchanges and converted to Monero. Two suspects were identified, including a Somalian running a scam ring in the UK. The case highlights the vulnerability of early crypto adopters lacking updated security measures.