Prominent blockchain investigator ZachXBT said Monday he plans to release findings on February 26 detailing alleged insider trading at a major crypto firm. The report will focus on employees who exploited confidential data for personal benefit over an extended timeframe.
The unnamed company ranks among the seven most profitable businesses in the industry, according to the investigator’s statement. Analysts have speculated that the target could be a well-established crypto company or exchange.
ZachXBT has been recognized for uncovering crypto scams, fraud, and other misconduct by analyzing blockchain transactions and open-source information.
He rose to prominence through social media investigations into scam operations, hacking incidents, and various forms of crypto-related fraud.
One of his recent investigations covered a case where a victim lost over $282 million in Bitcoin and Litecoin to a social engineering scam, with the stolen funds quickly transferred across multiple networks, including Monero and cross-chain bridges, which helped shed light on a surge in XMR prices.
Source: https://cryptobriefing.com/zachxbt-insider-trading-expose-crypto-firm/
