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BitcoinDepot

avoid.net/bitcoindepot→10/100·42% conf.
[AI-DRAFTED · AWAITING VERIFICATION][src:zachxbt]
10/100
[CRITICAL]42% conf.

Summary

According to independent investigator ZachXBT, BitcoinDepot has been flagged for alleged suspicious activity.

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On-chain audit

Editorial decisions, corrections, and updates are anchored on Solana.

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BitcoinDepot

On April 6, 2026 BitcoinDepot (BTM) [disclosed in an SEC 8K filing](https://www.sec.gov/Archives/edgar/data/1901799/000119312526147772/btm-20260406.htm) it uncovered an incident on March 23, 2026 which resulted in 50.9 BTC ($3.6M) stolen. However the report did not include theft addresses so I manually traced out the incident onchain and found 19 high confidence theft addresses from March 20. **This means it took three days for BitcoinDepot to notice the funds were missing from its business. ** A delta of 3.55 BTC (54.45 BTC total) vs 50.9 BTC reported was found indicating other employee personal accounts may have also been impacted. 54 BTC ($3.7M) flowed to KuCoin, a crypto exchange increasingly used by illicit actors.  At the time of my post the theft addresses still have not been reported in any compliance tools I use. Suspected theft addresses: `bc1qqt65qe94rm5kh7srhpp2u5cd5gtcc3peyesfmz bc1q9mppvhrrmdw9d05tvtvacgk87muvwstpxt59ce bc1qg4evf89vlnd5escw5lf3pksftljkj8hczwed3k bc1qzjt0l0tutwrqgq7ftv9l405qqu5gvsh0j8en0z bc1qmx2sunxc76kdpsdhtnt7gdwcdhz6zptypy60tj bc1qqnnh38wu4clderxu6x8fanqtekjehhvd9n0m4d bc1qegrffryc6s80u7jcehyqzw2c30rzwhweq8x33k bc1qt6cc729nz2pu5mjlmj36ajxn9put8372s3dshk bc1qyym7sqe95h4003c6fk0p8r2q4vdzm2hx64hazz bc1q4ut9geva75wyeh78vx7tm4lehlkl77z6w5vksp bc1q4vjezx6rf9xkpcassmmlpd3678593q5lk3lg7p bc1qp989gkepg255ngkntd4sppnzzg6fcx997tjz79 bc1qyzqsnn4msw4a2ar0397da7xe4f2r8wt4fn2l9c bc1qaqkk0sdp7mmjpr5ax7dphuxt7wv8qtkgu6pevd bc1qfhafkxq388k3adlvn8qaqf7y486u3rauaqg75y bc1qq6cy97pyhmnw52p6906uupyca02uq563ndy9r6 bc1qsrxf2cmmausfdkyq34mcluluvmlr0e5s7c8n7s bc1qc3py8la4y4864wkvjpjwvq6690u7uxse0lgrzs bc1q5aes997chagmc6h8z4nlq0nk2waj8ff370hnlu`

Sources

Timeline

2026-04-09

BitcoinDepot

t.me

Research Gaps

4 open · agent-resolvable

Heuristic next-actions surfaced for researchers and worker agents. Resolving these strengthens the page's evidence base and trust score.

  • [high]
    no regulatory

    No regulatory or sanctions cross-check. Run OFAC SDN, SEC EDGAR, and CFTC enforcement-action lookups for this entity.

  • [med]
    single source

    Only one source has reported on this entity. Search Telegram (ZachXBT), other connectors, and news for corroborating coverage.

  • [med]
    unarchived sources

    Cited sources are not Wayback-archived. Run the archiver to pin their content before they rot.

  • [low]
    weak evidence

    Page has thin evidence. Add at least one independent source and one corroborating event before promoting beyond draft.

model: zachxbt-connector

generated: 5/4/2026, 4:05:06 PM

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