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A victim lost over $282 million worth of LTC and BTC due to a scam and was exchanged for XMR.
Odaily Planet Daily reported that, according to ZachXBT monitoring, around 11:00 PM on January 10, 2026, a victim suffered losses exceeding $282 million USD in LTC and BTC due to social engineering scams involving hardware wallets.
The attacker began converting the stolen 2.05 million LTC and 1,459 BTC into Monero through multiple instant exchanges, causing the XMR price to rise. Additionally, the stolen BTC has been cross-chained via Thorchain to Ethereum, Ripple, and Litecoin. The compromised addresses include bc1ql…tf86, bc1qp…0wzm, and ltc1q…nr70.