Hacker Linked to $243 Million Genesis Breach Arrested; Evidence Points to $18.5 Million in Frozen Assets Хакер, связанный с кражей $243 миллионов у Genesis, арестован; улики указывают на замороженные активы на $18.5 миллионов

The police have reportedly apprehended a hacker linked to the theft of $243 million from a creditor of Genesis. This information was shared by on-chain investigator ZachXBT.

ZachXBT stated, «British cybercriminal Danny/Meech, also known as Danish Zulfiqar (Khan), appears to have been detained by law enforcement, and his crypto assets have been confiscated.»

As evidence, ZachXBT pointed to an Ethereum address where approximately $18.58 million in cryptocurrency has been frozen. According to the expert, the wallet belongs to the suspect.

He elaborated, «Several addresses I have been monitoring, linked to him, transferred funds to [this wallet] following patterns typical of law enforcement confiscations.»

ZachXBT also mentioned that Zulfiqar was «last known to be in Dubai,» and it is believed that a search was conducted at his villa.

Other affected individuals have also been detained. ZachXBT noted that several of the hacker’s contacts «have ceased communication in recent days» as indirect confirmation of the investigations.

At the time of this report, there were no official statements from either the Dubai police or UAE regulators. Local media also reported no potentially related information regarding the hacker and his arrest.

ZachXBT is known for investigating one of the most prominent thefts in the crypto industry, in which the creditor Genesis was a victim.

The scammers posed as Google support, tricking the victim into disabling two-factor authentication for their Gemini exchange account and gaining full control over their device using specialized software. As a result, they obtained private keys and transferred 4064 BTC through exchanges and mixers.

In September 2024, based on information provided by the expert, the FBI arrested three suspects identified by their online names Greavys, Wiz, and Box (later identified as Malone Lam, Veer Chetal, and Jandiél Serrano). All three were gamers and self-taught hackers.

Since then, U.S. authorities have opened a series of cases related to the criminal group. The U.S. Department of Justice accused two of its members of cryptocurrency fraud amounting to $230 million. Later, it was revealed that law enforcement officials charged the scammers with a scheme totaling $263 million, which included the theft of over 4100 BTC from Genesis.

According to the investigation, the stolen funds were spent on luxury cars, travel, and nightclubs.

It is noteworthy that in October, ZachXBT uncovered a scheme involving the theft of $3 million in XRP from the wallet of an elderly American.