ZachXBT: Approximately $7 million assets have been frozen in the $330 million BTC theft incident

BlockBeats News: On May 3rd, according to blockchain detective ZachXBT, approximately $7 million in funds have been frozen with the assistance of Binance security and other investigators in a $330 million BTC theft incident targeting an "OG Bitcoin holder" in the United States earlier this week. The case is accused of a 'social engineering fraud', where the victim is an elderly user who stole 3520 BTC, which was laundered through multiple trading platforms and partially converted into Monero (XMR).