Verify a decision

{"actor":"system:backfill","investigation_id":"2e75ecf1-3d18-4a82-9ac2-aa8bfb9b9c18","kind":"publish","page_slug":"0x327a81d0d128db8886d265be73c9fdda97194f30","published_at":"2026-05-19T02:32:59.296Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"0x327a81d0d128db8886d265be73c9fdda97194f30","sections":[{"content":"","heading":"","severity":"medium","sources":[]},{"content":"","heading":"","severity":"medium","sources":[]},{"content":"","heading":"","severity":"medium","sources":[]},{"content":"","heading":"","severity":"medium","sources":[]},{"content":"","heading":"","severity":"medium","sources":[]}],"sources_used":[],"summary":"Avalanche C-Chain address 0x327a81d0d128db8886d265be73c9fdda97194f30 was flagged by on-chain investigator ZachXBT in June 2024 as the primary launderer for the BTCTurk exchange hack, having transferred approximately 1.96 million AVAX (valued at ~$54.2 million) to Coinbase, Binance, Gate.io, and THORChain. ZachXBT's timing analysis linked subsequent BTC withdrawals of approximately $45.96 million to the same threat actor, who was also allegedly responsible for a concurrent $2.9 million theft from Sportsbet. The address currently holds negligible funds, consistent with successful laundering of proceeds.","timeline":[{"date":"2024-06-22","event":"BTCTurk exchange suffers cyberattack compromising ten hot wallets; estimated $48–55 million stolen across multiple blockchains.","source":"","source_url":"https://beincrypto.com/btcturk-hack-triggers-avalanches-avax-decline/"},{"date":"2024-06-22","event":"Alleged threat actor also attacks Sportsbet betting platform around the same time, stealing over $2.9 million; ZachXBT reports funds were commingled with BTCTurk proceeds.","source":"","source_url":"https://en.bitcoinsistemi.com/there-is-a-new-development-in-btcturk-hack-incident-hacker-attacked-another-platform/"},{"date":"2024-06-22","event":"Address 0x327a81d0d128db8886d265be73c9fdda97194f30 begins transferring approximately 1.96 million AVAX (~$54.2M) to Coinbase, Binance, Gate.io, and THORChain.","source":"","source_url":"https://news.bitcoin.com/millions-in-bitcoin-withdrawn-after-1-96-million-avax-transferred-to-exchanges-zachxbt/"},{"date":"2024-06-22","event":"ZachXBT's timing analysis identifies 587.75 BTC (~$38.1M) withdrawn from Coinbase and 122.66 BTC (~$7.95M) withdrawn from Binance, correlated with AVAX deposits from this address; total estimated BTC extraction: ~$45.96M.","source":"","source_url":"https://news.bitcoin.com/millions-in-bitcoin-withdrawn-after-1-96-million-avax-transferred-to-exchanges-zachxbt/"},{"date":"2024-06-22","event":"AVAX price drops approximately 10% to a 6-month low under $25 as market reacts to the large AVAX sell-off associated with the hack.","source":"","source_url":"https://beincrypto.com/btcturk-hack-triggers-avalanches-avax-decline/"},{"date":"2024-06-23","event":"Binance announces it has frozen over $5.3 million in funds associated with the BTCTurk hack following cooperation with investigation.","source":"","source_url":"https://en.bitcoinsistemi.com/breaking-binance-released-a-statement-on-btcturks-hacking/"}]},"v":1}