Suspect Identified in 2024 Bittensor Theft Case

According to PANews, investigator ZachXBT has identified a suspect in the 2024 Bittensor ($TAO) theft case, which resulted in over $28 million being stolen from 32 TAO holders. ZachXBT's investigation utilized on-chain transaction tracking, Railgun privacy protocol flows, Avalanche bridging records, and unusual NFT wash trading activities, such as purchasing anime NFTs at prices significantly above the floor price. These efforts led to the identification of a former employee's address, revealing the path of the stolen funds. ZachXBT was rewarded for his white-hat actions in uncovering the suspect.