Analyst traces $100M laundering trail via gas payments, leaving Zcash privacy intact
- —Losses from the Ledger supply-chain attack via CryptoBilis estimated at $103.4 million
- —Stolen funds spread across roughly 530 addresses on seven blockchains
- —About 75% of the loot sat in USDT on Tron; Tether froze $10 million
- —Wallets holding about $38.6 million in ETH and $16.9 million in BTC identified
Why it matters: The case shows metadata and gas payments often expose attackers even when privacy coins are used, while centralized stablecoins provide a freeze point.
Source: Crypto Briefing