Cryptocurrency [loss] $331M+

Tweet by zachxbt

2025-04-27 [vendor] $330 million in Bitcoin apparently stolen; laundering spikes Monero [chain] monero, bitcoin
Primary Source ↗
Financial Loss $330.7M (330,700,000 USD)
Blockchain(s) Monero, Bitcoin

Incident Details

3,250 BTC (~$330 million) were apparently stolen from a bitcoin holder and then quickly moved through multiple exchanges and swapped for the Monero privacycoin. Such a massive swap into Monero was apparently enough to cause the Monero price to spike from around $230 to as high as around $330, before retracting somewhat.

Total loss estimated at $330,700,000.

Technical Details

Initial Attack Vector
On-chain theft (attributed by zachxbt)
Vendor / Product
$330 million in Bitcoin apparently stolen; laundering spikes Monero

Timeline

  1. 2025-04-27 Breach occurred
  2. 2025-04-27 Publicly disclosed