A major crypto theft involving $330 million worth of Bitcoin has rocked the community after blockchain investigator ZachXBT revealed that an elderly American lost 3,520 $BTC in a sophisticated social engineering scam. The funds were swiftly moved across multiple exchanges and later laundered into Monero (XMR), a privacy coin known for obscuring transactions. Two suspects, identified a Somalian national known as “Nina” or “Mo,” from Camden, UK, and an accomplice named “W0rk,” reportedly carried out the scheme using fake websites and phishing calls to trick the victim into giving away sensitive information.
Thanks to the efforts of ZachXBT, Binance, and other crypto sleuths like tanuki42, about $7 million of the stolen BTC has been successfully frozen. Binance, although silent publicly, has a strong track record of assisting in such investigations. The rapid freezing of funds is considered a rare win in the battle against crypto theft, especially as most of the remaining assets have vanished into Monero, making further recovery far more difficult.
This incident now stands as one of the biggest single-wallet crypto heists in history. It has raised serious concerns about the security of long-time Bitcoin holders, many of whom may not use modern safeguards like hardware wallets. ZachXBT called the incident “deeply upsetting,” emphasizing the vulnerability of early adopters and the need for updated security practices. Investigations continue as the community works to trace the rest of the stolen funds.
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