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Suspect Linked to $243M Genesis Creditor Hack Reportedly Arrested
12/05/2025, 07:06
AI SUMMARY
●Suspect 'Danny' reportedly arrested in connection with $243M hack
●~$18.6M in assets frozen or seized by law enforcement
●Incident relates to the massive theft from a Genesis creditor in August 2024
On-chain sleuth ZachXBT reported that a suspect known as 'Danny' (Danish Zulfiqar) has been arrested, likely in Dubai or the UK. The individual is alleged to be involved in the August 2024 theft of $243 million from a Genesis creditor.
Approximately $18.58 million in crypto assets associated with the suspect have reportedly been frozen or seized by law enforcement authorities as part of the investigation.