On-chain investigator ZachXBT has flagged a suspected theft of more than $106 million from an unnamed EU entity, according to a Nov. 2 BlockBeats report. The alleged loss involved multiple centralized exchange accounts.
Stablecoin withdrawals described
BlockBeats said the funds were allegedly withdrawn in USDC and USDT, and relayed a claim that USDC was being exchanged for ETH.
The entity was not identified in the flash. The original channel post and claimed loss total were not independently verified for this brief.
Source: BlockBeats, citing ZachXBT, published Nov. 2, 2026, at 12:33 UTC. Chinese source.