On September 24, 2025 addresses linked to SBI Crypto saw ~$21M in suspicious outflows

2025-10-01 Zach XBT

https://t.me/investigations/278

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Blockchain investigators reported about $21 million in suspicious outflows from addresses linked to SBI Crypto across Bitcoin, Ethereum, Litecoin, Dogecoin, and Bitcoin Cash. The funds were routed to five instant exchanges and deposited into Tornado Cash, while the post notes that several indicators resemble previously known DPRK-linked attacks. SBI Crypto is identified as a mining pool subsidiary of Japan’s SBI Group, and the incident had not been publicly disclosed by the company at the time of the source post. The excerpt provides theft addresses across multiple chains, supporting wallet-based tracing and exchange-monitoring workflows.

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