Onchain analyst alleges $90M drained from US seizure wallets

Blockchain investigator ZachXBT alleged that more than $90 million in crypto was siphoned from private wallets and US government seizure addresses.

The claims were outlined in a detailed thread published on X earlier this week.

ZachXBT said the suspected actor, known online as “John” or “Lick,” exposed himself during a leaked Telegram call.

Wallets shown during the call were traced to tens of millions of dollars in suspicious inflows.

The analyst linked several of the funds to US government-controlled wallets associated with past asset seizures.

The transactions were described as carefully structured movements rather than simple thefts.

ZachXBT suggested the behaviour showed confidence and technical precision rather than haste.

The investigation later connected the online persona to a possible real-world identity, intensifying scrutiny.

No official charges have been filed, and US authorities have not publicly commented on the allegations.

“Threat actors only continue to showing off stolen funds in leaked recordings rather than simply just staying quiet after an alleged theft from the U.S. Government,”

ZachXBT said.

The case has renewed concerns about the security of wallets holding seized crypto assets.

Analysts noted the episode highlights how blockchain records can expose activity through patterns rather than direct attribution.