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Reports have disclosed that Japanese firm SBI Crypto saw about $21 million siphoned from company-linked wallets on September 24, 2025.
Blockchain sleuths flagged the movement, and on-chain traces show funds leaving addresses that start with “0x40d7” and “bc1qx0a2k.”
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The assets included Bitcoin, Ethereum, Litecoin, Dogecoin, and Bitcoin Cash. As of this report, the money has not been recovered.
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According to blockchain analysts, the transfers followed a clear path: the stolen coins moved through five instant exchanges before being sent into Tornado Cash, the crypto mixer that US authorities sanctioned in 2022.
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