ZachXBT identified a crypto wallet holding nearly $23M linked to thefts totaling around $90M, according to an investigation published on X. The address is associated with an individual known as “John,” online alias “Lick,” implicated in multiple digital asset thefts, including funds attributed to U.S. government entities.
The connection between the wallet and the thefts was established through analysis of public blockchain data. The exposure occurred after a recorded dispute in a group chat, where the alleged hacker flaunted his holdings, allowing investigators to trace onchain movements and correlate addresses. The analysis indicates that the funds involved include Bitcoin and potentially Ethereum.
The wallet was scrutinized following the report, highlighting the traceability of public blockchains and the ability of independent investigators to track illicit capital flows. So far, no official statements have been issued by major industry companies or regulatory bodies regarding the case.
ZachXBT continues coordinating the monitoring of the case and gathering additional information to deepen the investigation and advance the full identification of assets linked to the thefts.
Sourde: https://x.com/zachxbt/status/2014685263327351116
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