This Friday, the well-known investigator ZachXBT claimed that a British threat actor, allegedly involved in the $243 million theft from a Genesis creditor on the Gemini platform, may have been arrested and taken into custody. In a Telegram post, ZachXBT asserted that “Danny / Meech, alias Danish Zulfiqar (Khan), appears to have likely been arrested” and that his crypto assets had allegedly been seized. He pointed to an Ethereum address containing approximately $18.58 million in crypto assets, indicating that the consolidation of funds is a typical pattern of police seizures.
The publication is framed within a deep investigation into one of the largest individual cryptocurrency thefts, which occurred in August 2024. The theft was carried out through sophisticated social engineering, where attackers impersonated Google support to gain deep access to the victim’s Gemini account and drain 4,064 BTC. So far, there are no public statements from the Dubai police or local press reports confirming the raid or the arrest of Danny Zulfiqar; however, ZachXBT’s claim is added to the charges already filed by US prosecutors against other suspects linked to a $263 million organized crime scheme.
The movements by law enforcement confirm the seriousness with which authorities are addressing this type of complex cybercrime. The fate of the suspect, who was allegedly located in Dubai, adds drama to the case. Asset tracing and international cooperation will be the key elements to follow, as the potential detention of a central actor like Zulfiqar could be crucial for the recovery of stolen funds and the future of the investigations.
Source: https://t.me/investigations/290
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