$330M in BTC Laundered Through Monero, XMR Jumps 50% The incident, flagged by blockchain investigator ZachXBT, began when the BTC was transferred from a potential victim’s wallet to a known suspicious address. A suspected theft of 3,520 Bitcoin valued at approximately $330.7 million has triggered a sharp rally in Monero (XMR), after the stolen funds were laundered through multiple instant exchanges. The incident, flagged by blockchain investigator ZachXBT, began when the BTC was transferred from a potential victim’s wallet to a known suspicious address. The launderers swiftly moved the funds across more than six exchanges, converting large amounts of Bitcoin into Monero, a privacy-centric cryptocurrency renowned for its untraceable transactions. #Binance #Bitcoin #XMR #ZachXBT #BTC #blockchain #crypto #cryptocurrency https://cryptonews.com/news/330m-in-btc-laundered-through-monero-xmr-jumps-50/