Suspected crypto theft in the EU: Kraken and Crypto.com freeze funds after $133 million outflow

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Blockchain investigator ZachXBT is tracing allegedly stolen crypto worth $133 million from an unnamed entity in the EU. Kraken and Crypto.com have frozen linked accounts and funds and say their customers are not at risk.Add as a preferred source on GoogleFollow on Google NewsMore than $133 million in crypto has allegedly flowed out of an as yet unnamed entity in the European Union. That is the finding of blockchain investigator ZachXBT, and the exchanges Kraken and Crypto.com have since restricted accounts and blocked funds connected to the incident. Who the victim is remains unclear. So far neither an authority nor a company has confirmed that an attack took place at all. According to the exchanges named, their customers face no risk. This article sets out what is established, what remains speculation and how you can secure your own exchange account against the usual follow-up attacks. Crypto theft in the EU: ZachXBT traces $133 million ZachXBT is a pseudonymous on-chain invest...