ZachXBT Links 7zarc to $70 Million Raidparty Exit Scam
On-chain investigator ZachXBT has raised concerns regarding the involvement of a user known as 7zarc in the movement of approximately $70 million linked to the Raidparty exit scam. ZachXBT reported that a wallet associated with 7zarc received 4,870 ETH, valued at around $15 million, from addresses connected to the scam.
Following the receipt of these funds, the ETH was subsequently transferred to recharge addresses of various centralized exchanges. This activity has prompted ZachXBT to publicly question 7zarc, who had been inactive since 2022 and only resurfaced in September 2026, about the origins and flow of these funds. The allegations highlight ongoing concerns about transparency and accountability in cryptocurrency transactions.
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Source: KLEA News