"ZachXBT linked over $9.5 million in theft from a fraudulent Ledger Live app to more than 150 Kucoin deposit addresses, highlighting the scale of the fraud."
"The three largest victims of the scam lost seven figures each, with one user losing $3.23 million in USDT and another losing $2.079 million in USDC."
"ZachXBT identified AudiA6 as the centralized mixing service used to launder the stolen funds, which charged high fees for processing illicit money."
ZachXBT reported that a fraudulent Ledger Live app on Apple's App Store stole over $9.5 million from more than 50 users between April 7 and 13. The app was removed by Apple shortly before the report. The largest victims lost significant amounts, including one user who lost $3.23 million in USDT. ZachXBT identified a centralized mixing service, AudiA6, as a means to launder the stolen funds through Kucoin deposit addresses. A separate incident also involved $3.5 million laundered through Kucoin related to another theft.
Read at news.bitcoin.com
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