$282M Litecoin & Bitcoin Theft: On-Chain Address Analysis
On January 10, 2026, a coordinated social engineering attack resulted in the theft of 2.05 million LTC (approximately $142 million) and 1,459 BTC (approximately $140 million). This article provides the initial on-chain address analysis showing how the funds were distributed and where they moved in the days following the theft.
- Total theft: approximately $282 million across Litecoin and Bitcoin
- 2.05 million LTC stolen from victim wallets in a single coordinated operation
- Funds immediately split into hundreds of smaller addresses to obscure tracing
- Bitcoin portion moved through multiple hops before reaching THORChain
- LTC portion converted to XMR via no-KYC instant exchange services
Full interactive article with on-chain data available at ltc.supply/news/282m-ltc-btc-theft