Monero Spikes After Laundering of $330M BTC Through XMR

Monero Spikes After Laundering of $330M BTC Through XMR In a stunning turn of events, Monero (XMR) has experienced a dramatic price spike, fueled by the laundering of $330 million worth of Bitcoin (BTC) through multiple exchanges. This incident raised significant eyebrows within the crypto community. Unpacking the Incident A suspicious transaction involving 3,520 BTC caught the attention of analysts and observers. The funds were traced back to a potentially compromised wallet....

May 1, 2025 · 2 min · 274 words · Emma Monday