ZachXBT analyst talks about the $8 million exploit of the Noones P2P marketplace
The platform was attacked back at the beginning of the year, but the developers did not report it publicly
24.01.2025 - 15:55
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What’s new? Anonymous blockchain analyst ZachXBT, known for his investigations into hacks and fraud in the crypto space, has claimed an exploit of the P2P marketplace Noones. According to the analyst, the platform lost $7,9 million worth of cryptocurrencies across Ethereum, TRON, Solana, and Binance Smart Chain (BSC) networks.
Post on ZachXBT’s Telegram channel
What else is known? According to ZachXBT, the hack took place back on January 1-2, 2025, as it was on those dates that a series of suspicious withdrawals were recorded at around $7000 per transaction.
The analyst notes that shortly afterward, the platform announced maintenance and suspended core functions, although no official statement was made about any security incident.
As for the stolen funds, they were converted to Ethereum and BSC networks and then sent to crypto mixer Tornado Cash for laundering.
Blockchain analyst ZachXBT spoke about the lack of payments from US authorities for assistance in crypto hacking investigations
Anonymous has repeatedly assisted law enforcement to seize tens of millions of dollars worth of stolen digital assets
Following ZachXBT's publication, Noones CEO Ray Youssef issued a statement. He confirmed that the bridge of the Solana network asset movement platform was attacked on January 1, but internal security was quick to contain the threat.
He assured users that their funds and personal data are safe, but noted that Noones will not bring back Solana support for now.
“We know Solana is hot now but Solana will not come back up until exhaustive pen testing is done,” the senior executive concluded.
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