An elderly US individual is reportedly the victim of a devastating $330 million Bitcoin heist, now ranked as the fifth-largest crypto hack in history.
The attacker used advanced social engineering tactics to gain access to the victim’s wallet, onchain investigator ZachXBT said in an April 30 update on X.
The hack took place on April 28, 2025, when ZachXBT flagged a suspicious transfer involving 3,520 Bitcoin (BTC), valued at $330.7 million.
Following the transfer, the stolen stash was quickly laundered through over six instant exchanges and swapped into privacy-focused cryptocurrency Monero (XMR).
Onchain data shows that the victim had held over 3,000 BTC since 2017, with no prior history of large-scale transactions.
ZachXBT confirming the victim of the hack. Source: ZachXBT
Once stolen, the attacker wasted no time laundering the Bitcoin using a peel chain method — a common obfuscation technique