Over $106M in Crypto Stolen From EU Entity? ZachXBT Tracks Attacker’s Laundering Trail

Over $106 million in crypto has been stolen from a European Union entity, with on-chain investigator ZachXBT tracking the attacker's laundering trail across multiple wallets. The stolen funds were moved through instant exchanges and cross-chain services, with ZachXBT citing multiple laundering indicators that give him high confidence the North Korean Lazarus Group is not responsible. The breach ranks among the larger exploits of the year, and the exclusion of Lazarus—typically the prime suspect in nine-figure crypto thefts—points instead toward another sophisticated actor. The investigation remains ongoing, with ZachXBT continuing to monitor the attacker's wallets for further movements. Market participants should watch for potential freezes or blacklisting of the tainted funds by exchanges and stablecoin issuers, as well as any official disclosure from the affected EU entity confirming the exact protocols and tokens involved.