Blockchain investigator ZachXBT has alleged that Danny Zulfiqar, a UK-based threat actor linked to the $243 million bitcoin theft from Genesis creditors via the Gemini platform, may have been arrested in Dubai. The claim, reported by 528btc, highlights the discovery of $18.58 million in cryptocurrency in a specific Ethereum address, suggesting a pattern consistent with law enforcement actions.
While Dubai authorities have not confirmed the arrest, the allegations add a new dimension to the investigation into the August 2024 theft, which U.S. prosecutors have connected to broader extortion charges. The case underscores the ongoing challenges in combating sophisticated social engineering attacks in the crypto space.
ZachXBT Alleges Arrest of UK Threat Actor in $243M Genesis Theft
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
