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Wu Blockchain· 2026-08-20 14:57
On-chain analyst Specter revealed that the purported victim may himself be a threat actor, with stolen funds potentially originating from illicit activity. Although the victim claimed to have migrated assets from Bitcoin to Ethereum due to a hardware wallet compromise, on-chain data shows the 73 BTC (~$4.6M) originated from the Whirlpool Bitcoin mixer just two weeks prior before being bridged to Ethereum and deposited into the fake frontend.Specter noted that routing funds across multiple mixers is inconsis ...