Monero's 50% Price Surge: The Dark Side of $330 Million Theft
Monero’s 50% Price Surge: The Dark Side of $330 Million Theft In an unexpected twist that sends shocks through the crypto community, Monero’s price has surged over 50%, ballooning from $228 to $347 before settling just above $295. This dramatic increase isn’t a byproduct of positive news about adoption or tech upgrades; rather, it’s closely tied to a $330 million theft involving Bitcoin. The Laundering Connection The price increase has been flagged by blockchain investigator ZachXBT, who indicated that an extensive money-laundering operation leveraging Monero was at play....