Crypto Detective Reveals One of the Biggest Hacks in Crypto History Occurred a Few Days Ago – Turns Out This Was the Real Reason

In the cryptocurrency world, one of 2026’s largest fraud cases has been revealed. Large-scale hardware wallet social engineering attack On January 11, 2026, was publicly announced by on chain researcher ZachXBT that the attacks were ‘inflicted in large scales’.

ZachXBT has told the paper that on January 11th at around 0200 (UTC+3), “a victim lost more than $282 million worth of Bitcoin and Litecoin because it was an attack by a social engineering team using ‘a hardware wallet’ to execute their attacks. The attacker then shifted the assets stolen to Monero via multiple ‘instant exchange’ sites in an attempt to cover up their tracks.

Hacker’s Monero Purchase Causes XMR Price to Rise

The price of Monero (XMR) quickly surged and soared in such short time as a result of these intense conversion transactions. Analysts believe that such transactions, which are conducted during periods of low market liquidity, can cause instantaneous shocks in the XMR price.

Another ZachXBT commentator added ‘Some of the stolen Bitcoins were transferred to other networks via Thorchain. A portion of the BTC was allegedly distributed by exchange to the Ethereum, Ripple and Litecoin networks.

The wallet addresses that were revealed are said to be about 2. One of the biggest individual thefts in crypto history is 05 million LTC and 1,459 BTC.

*This is not investment advice.

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