Security: On-chain investigator ZachXBT raised his estimate of a suspected crypto theft involving an unnamed EU entity to about $133 million, and said another roughly $27 million in unusual withdrawals had emerged. Bitquery data shows about $62.98 million in stablecoins was converted into around 27,600 ETH over roughly four hours. Keep a closer eye on where the funds go next across exchanges and blockchains, whether major Western European financial institutions will be named, and whether the parties involved will continue to delay disclosure under the pretext of an “internal investigation.” Don’t read the upward revision in the amount as meaning the case has been conclusively resolved, and don’t overlook how the disclosure delay itself gives money laundering more time.