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$330M Bitcoin Heist Suspect Might Be Playing Monero Derivatives—Here’s How

$330M Bitcoin Heist Suspect Might Be Playing Monero Derivatives—Here’s How

Coindesk
Author:
Coindesk
Release Time:
2025-04-29 13:56:00
0

How $330M BTC Hacker May Have Doubled Down on Monero Derivatives

When a hacker swipes $330M in BTC, you’d expect a swift exit. But blockchain sleuths are tracking something stranger—a potential high-stakes gamble on Monero’s shadowy derivatives market.

Why double down? Monero’s privacy tech could launder funds while XMR’s volatility offers degenerate trading opportunities Wall Street would call ’innovative.’

One cynical take: If this plays out, it’ll be the most honest hedge fund strategy of 2025—crime-funded and regulator-proof.

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