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{"actor":"system:backfill","investigation_id":"7ab038c7-6764-492c-875d-eff6bceeef24","kind":"publish","page_slug":"7zarc","published_at":"2026-09-18T12:06:33.903Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"7zarc","sections":[{"content":"7zarc is a pseudonymous online handle. One reporting outlet, PANews, described 7zarc as a member of a sneaker-reselling community, though no further verified biographical detail about the individual is publicly available. No real name, jurisdiction, or corporate affiliation has been confirmed in any Tier 1 or Tier 2 source reviewed for this investigation. The entity first attracted public attention on September 18, 2026, when on-chain investigator ZachXBT published allegations on X (formerly Twitter) linking 7zarc-associated wallet addresses to alleged exit scam proceeds from the Raidparty crypto project.","heading":"Background and Identity","severity":"medium","sources":[{"credibility":2,"name":"ZachXBT: 7zarc allegedly involved in Raidparty's $70 million rug pull — PANews","type":"news_article","url":"https://panews.io/articles/01a0b3cd-18bb-753b-83f5-d2afdb8a1be0"}]},{"content":"On September 18, 2026, ZachXBT — a widely cited pseudonymous on-chain investigator — published findings on X alleging that wallet addresses associated with 7zarc received a total of 4,870 ETH, valued at approximately $15 million, sourced from wallet addresses ZachXBT linked to the Raidparty project's alleged $70 million exit scam. According to ZachXBT's analysis, these funds were subsequently transferred to deposit addresses at multiple centralized exchanges, which ZachXBT characterized as an active cash-out attempt. ZachXBT publicly demanded that 7zarc provide an explanation for the source and movement of these assets. These are allegations derived from on-chain tracing and social media analysis by a single investigator; no law enforcement agency has publicly confirmed the findings, no charges have been filed, and no court or regulatory body has adjudicated the matter. The original X post by ZachXBT is cited by multiple outlets as the primary source (post ID: 2100872156007821573).","heading":"Alleged Connection to Raidparty Exit Scam","severity":"critical","sources":[{"credibility":2,"name":"ZachXBT accuses 7zarc of involvement in Raidparty's $70 million exit scam fund flows — PANews","type":"news_article","url":"https://panews.io/articles/01a0b3bf-c811-778a-8203-ad98f1f779ec"},{"credibility":2,"name":"ZachXBT Accuses 7zarc of Handling $70 Million in Exit Scam Funds from Raidparty — KuCoin News","type":"news_article","url":"https://www.kucoin.com/news/flash/zachxbt-accuses-7zarc-of-handling-70m-usd-exit-scam-funds-from-raidparty"},{"credibility":2,"name":"ZachXBT Accuses 7zarc of Raidparty $70M Exit Scam Ties — Phemex News","type":"news_article","url":"https://phemex.com/news/article/zachxbt-links-7zarc-to-15m-in-raidparty-exit-scam-funds-97115"},{"credibility":2,"name":"ZachXBT Questions Raidparty's $70M Exit Scam Involving 4,870 ETH — KuCoin News","type":"news_article","url":"https://www.kucoin.com/news/flash/zachxbt-questions-raidparty-s-70m-usd-exit-scam-involving-4870-eth"}]},{"content":"RaidParty Heroes was an Ethereum-based NFT gaming project that launched its NFT collection on February 4, 2022, with a mint price of 0.8 ETH per token across 5,292 items. The project featured a play-to-earn idle MMO game and a native token, $CFTI (Confetti). NFT price floor data shows the collection declined approximately 99.94% from mint price to a current floor of roughly 0.00048 ETH, consistent with a project that lost community and investor support. ZachXBT and multiple news outlets characterize the project as having conducted a $70 million exit scam, though the investigation reviewed for this page did not uncover a separate, independent Tier 1 investigation confirming the total $70 million figure outside of ZachXBT's own published analysis. No regulatory or law enforcement filing confirming the exit scam characterization was found at the time of writing.","heading":"Raidparty Project Overview","severity":"high","sources":[{"credibility":2,"name":"RaidParty Heroes — NFT Price Floor data","type":"research","url":"https://nftpricefloor.com/raidparty-heroes"},{"credibility":2,"name":"ZachXBT Claims 7zarc Linked to $70 Million Exit Scam Funds — KuCoin News","type":"news_article","url":"https://www.kucoin.com/news/flash/zachxbt-claims-7zarc-linked-to-70m-usd-exit-scam-funds"}]},{"content":"According to ZachXBT's published analysis, the wallet cluster associated with 7zarc went dormant in 2022 and remained inactive for approximately four years before reactivating in September 2026. Upon reactivation, the 4,870 ETH identified by ZachXBT was moved to deposit addresses at multiple centralized exchanges. The pattern of long dormancy followed by large-scale fund movement to exchange deposit addresses is consistent with behavior documented in other cases involving attempts to liquidate or convert illicit crypto holdings, though no authority has formally adjudicated whether these specific funds are illicit. The specific exchanges involved were not named in the sources reviewed.","heading":"On-Chain Behavior: Dormancy and Reactivation","severity":"critical","sources":[{"credibility":2,"name":"ZachXBT accuses 7zarc of involvement in Raidparty's $70 million exit scam fund flows — PANews","type":"on_chain","url":"https://panews.io/articles/01a0b3bf-c811-778a-8203-ad98f1f779ec"},{"credibility":2,"name":"ZachXBT Accuses 7zarc of Raidparty $70M Exit Scam Ties — Phemex News","type":"news_article","url":"https://phemex.com/news/article/zachxbt-links-7zarc-to-15m-in-raidparty-exit-scam-funds-97115"}]},{"content":"ZachXBT is a widely cited pseudonymous on-chain investigator whose prior investigations have been corroborated by law enforcement actions and major news outlets including Reuters and Bloomberg in separate cases. He funds his work through community donations. His methodology combines on-chain transaction tracing, wallet clustering, and open-source social media intelligence. While his track record is strong, his findings constitute allegations until corroborated by a court, regulatory body, or independent investigator. In this specific case — 7zarc and Raidparty — the investigation reviewed for this page found no independent Tier 1 corroboration at the time of writing. The confidence score for this investigation is accordingly moderated. Readers should note that ZachXBT's public demands for explanation are not the equivalent of a charge or indictment.","heading":"Source Assessment: ZachXBT's Investigation","severity":"medium","sources":[{"credibility":2,"name":"ZachXBT — Wikipedia","type":"other","url":"https://en.wikipedia.org/wiki/ZachXBT"},{"credibility":2,"name":"ZachXBT — On-chain Sleuth profile, CryptoSlate","type":"other","url":"https://cryptoslate.com/people/zachxbt/"}]},{"content":"As of September 18, 2026, 7zarc had provided no public explanation in response to ZachXBT's demands, according to available reporting. No statement from 7zarc, no law enforcement announcement, and no exchange freeze or seizure order was reported in any source reviewed. The matter is, as of writing, an open allegation without a known regulatory or legal outcome. This page will require updating if charges are filed, funds are seized or recovered, exchanges confirm account freezes, or if 7zarc issues a public response.","heading":"Response and Current Status","severity":"high","sources":[{"credibility":2,"name":"ZachXBT accuses 7zarc of involvement in Raidparty's $70 million exit scam fund flows — PANews","type":"news_article","url":"https://panews.io/articles/01a0b3bf-c811-778a-8203-ad98f1f779ec"}]}],"sources_used":[{"credibility":2,"name":"ZachXBT accuses 7zarc of involvement in Raidparty's $70 million exit scam fund flows — PANews","type":"news_article","url":"https://panews.io/articles/01a0b3bf-c811-778a-8203-ad98f1f779ec"},{"credibility":2,"name":"ZachXBT: 7zarc allegedly involved in Raidparty's $70 million rug pull — PANews","type":"news_article","url":"https://panews.io/articles/01a0b3cd-18bb-753b-83f5-d2afdb8a1be0"},{"credibility":2,"name":"ZachXBT Accuses 7zarc of Handling $70 Million in Exit Scam Funds from Raidparty — KuCoin News","type":"news_article","url":"https://www.kucoin.com/news/flash/zachxbt-accuses-7zarc-of-handling-70m-usd-exit-scam-funds-from-raidparty"},{"credibility":2,"name":"ZachXBT Claims 7zarc Linked to $70 Million Exit Scam Funds — KuCoin News","type":"news_article","url":"https://www.kucoin.com/news/flash/zachxbt-claims-7zarc-linked-to-70m-usd-exit-scam-funds"},{"credibility":2,"name":"ZachXBT Questions Raidparty's $70M Exit Scam Involving 4,870 ETH — KuCoin News","type":"news_article","url":"https://www.kucoin.com/news/flash/zachxbt-questions-raidparty-s-70m-usd-exit-scam-involving-4870-eth"},{"credibility":2,"name":"ZachXBT Accuses 7zarc of Raidparty $70M Exit Scam Ties — Phemex News","type":"news_article","url":"https://phemex.com/news/article/zachxbt-links-7zarc-to-15m-in-raidparty-exit-scam-funds-97115"},{"credibility":2,"name":"RaidParty Heroes — NFT Price Floor","type":"research","url":"https://nftpricefloor.com/raidparty-heroes"},{"credibility":2,"name":"ZachXBT — Wikipedia","type":"other","url":"https://en.wikipedia.org/wiki/ZachXBT"},{"credibility":2,"name":"ZachXBT — On-chain Sleuth profile, CryptoSlate","type":"other","url":"https://cryptoslate.com/people/zachxbt/"}],"summary":"7zarc is a pseudonymous individual whose wallet cluster was publicly identified by on-chain investigator ZachXBT in September 2026 as allegedly having received 4,870 ETH (approximately $15 million) traceable to the Raidparty project's alleged $70 million exit scam. The wallets went dormant in 2022 and reactivated in September 2026, with the ETH subsequently moved to deposit addresses across multiple centralized exchanges. No charges have been filed and no court or regulatory finding has been made; the allegations originate from ZachXBT's on-chain analysis published on X.","timeline":[{"date":"2022-02-04","event":"RaidParty Heroes NFT collection launched on Ethereum at a mint price of 0.8 ETH, with 5,292 items.","source":"NFT Price Floor — RaidParty Heroes","source_url":"https://nftpricefloor.com/raidparty-heroes"},{"date":"2022-11-15","event":"A snapshot for Raid Party 2.0 was announced for November 15, 2022; the project's activity subsequently collapsed and 7zarc-linked wallets reportedly went dormant around this period.","source":"PANews — ZachXBT accuses 7zarc","source_url":"https://panews.io/articles/01a0b3bf-c811-778a-8203-ad98f1f779ec"},{"date":"2022-01-01","event":"7zarc-associated wallet cluster reportedly went dormant following the alleged Raidparty exit scam. Exact date of last pre-dormancy activity not confirmed in reviewed sources.","source":"KuCoin News — ZachXBT Accuses 7zarc","source_url":"https://www.kucoin.com/news/flash/zachxbt-accuses-7zarc-of-handling-70m-usd-exit-scam-funds-from-raidparty"},{"date":"2026-09-01","event":"7zarc-linked wallet cluster reactivated after approximately four years of dormancy. Funds began moving to centralized exchange deposit addresses.","source":"Phemex News — ZachXBT Accuses 7zarc of Raidparty $70M Exit Scam Ties","source_url":"https://phemex.com/news/article/zachxbt-links-7zarc-to-15m-in-raidparty-exit-scam-funds-97115"},{"date":"2026-09-18","event":"ZachXBT published allegations on X (post ID: 2100872156007821573) identifying 7zarc as allegedly connected to 4,870 ETH (~$15 million) traceable to the Raidparty project's alleged $70 million exit scam, and publicly demanded an explanation.","source":"PANews — ZachXBT accuses 7zarc of involvement in Raidparty's $70 million exit scam fund flows","source_url":"https://panews.io/articles/01a0b3bf-c811-778a-8203-ad98f1f779ec"},{"date":"2026-09-18","event":"Multiple crypto news outlets including PANews, KuCoin News, and Phemex News reported ZachXBT's allegations. No response from 7zarc and no law enforcement action reported as of this date.","source":"KuCoin News — ZachXBT Claims 7zarc Linked to $70 Million Exit Scam Funds","source_url":"https://www.kucoin.com/news/flash/zachxbt-claims-7zarc-linked-to-70m-usd-exit-scam-funds"}]},"v":1}