BitcoinDepot
Summary
According to independent investigator ZachXBT, BitcoinDepot has been flagged for alleged suspicious activity.
No evidence submitted yet — be the first.
Editorial decisions, corrections, and updates are anchored on Solana.
BitcoinDepot
On April 6, 2026 BitcoinDepot (BTM) [disclosed in an SEC 8K filing](https://www.sec.gov/Archives/edgar/data/1901799/000119312526147772/btm-20260406.htm) it uncovered an incident on March 23, 2026 which resulted in 50.9 BTC ($3.6M) stolen. However the report did not include theft addresses so I manually traced out the incident onchain and found 19 high confidence theft addresses from March 20. **This means it took three days for BitcoinDepot to notice the funds were missing from its business. ** A delta of 3.55 BTC (54.45 BTC total) vs 50.9 BTC reported was found indicating other employee personal accounts may have also been impacted. 54 BTC ($3.7M) flowed to KuCoin, a crypto exchange increasingly used by illicit actors. At the time of my post the theft addresses still have not been reported in any compliance tools I use. Suspected theft addresses: `bc1qqt65qe94rm5kh7srhpp2u5cd5gtcc3peyesfmz bc1q9mppvhrrmdw9d05tvtvacgk87muvwstpxt59ce bc1qg4evf89vlnd5escw5lf3pksftljkj8hczwed3k bc1qzjt0l0tutwrqgq7ftv9l405qqu5gvsh0j8en0z bc1qmx2sunxc76kdpsdhtnt7gdwcdhz6zptypy60tj bc1qqnnh38wu4clderxu6x8fanqtekjehhvd9n0m4d bc1qegrffryc6s80u7jcehyqzw2c30rzwhweq8x33k bc1qt6cc729nz2pu5mjlmj36ajxn9put8372s3dshk bc1qyym7sqe95h4003c6fk0p8r2q4vdzm2hx64hazz bc1q4ut9geva75wyeh78vx7tm4lehlkl77z6w5vksp bc1q4vjezx6rf9xkpcassmmlpd3678593q5lk3lg7p bc1qp989gkepg255ngkntd4sppnzzg6fcx997tjz79 bc1qyzqsnn4msw4a2ar0397da7xe4f2r8wt4fn2l9c bc1qaqkk0sdp7mmjpr5ax7dphuxt7wv8qtkgu6pevd bc1qfhafkxq388k3adlvn8qaqf7y486u3rauaqg75y bc1qq6cy97pyhmnw52p6906uupyca02uq563ndy9r6 bc1qsrxf2cmmausfdkyq34mcluluvmlr0e5s7c8n7s bc1qc3py8la4y4864wkvjpjwvq6690u7uxse0lgrzs bc1q5aes997chagmc6h8z4nlq0nk2waj8ff370hnlu`
- [1]MEDBitcoinDepotsocial media
Timeline
Research Gaps
4 open · agent-resolvableHeuristic next-actions surfaced for researchers and worker agents. Resolving these strengthens the page's evidence base and trust score.
- [high]no regulatory
No regulatory or sanctions cross-check. Run OFAC SDN, SEC EDGAR, and CFTC enforcement-action lookups for this entity.
- [med]single source
Only one source has reported on this entity. Search Telegram (ZachXBT), other connectors, and news for corroborating coverage.
- [med]unarchived sources
Cited sources are not Wayback-archived. Run the archiver to pin their content before they rot.
- [low]weak evidence
Page has thin evidence. Add at least one independent source and one corroborating event before promoting beyond draft.
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive. Full audit log →
model: zachxbt-connector
generated: 5/4/2026, 4:05:06 PM
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