British Hacker Linked to $243 Million Genesis Theft Allegedly Detained in Dubai
ZachXBT alleges that Danish hacker Zulfiqar, also known by aliases Danny, Meech, Greavys, Wiz, and Box, has been detained in Dubai with approximately $18.58 million in assets frozen in a single Ethereum wallet linked to him. Several wallets connected to the August 19, 2024 Genesis theft reportedly funneled stolen funds into the same address, a pattern consistent with law enforcement seizures.
The Genesis hack involved the theft of 4,064 Bitcoin, valued at about $243 million at the time, taken from a Genesis creditor via Gemini through a social-engineering attack that bypassed two-factor authentication. ZachXBT further connected Zulfiqar to other individuals named Malone Lam, Veer Chetal, and Jeandiel Serrano, and has shared these findings with law enforcement agencies.
Despite these claims, there has been no official confirmation or verification from Dubai Police or UAE authorities regarding an arrest or asset seizure. Local media in Dubai have not reported on these developments.
Additionally, U.S. prosecutors have filed charges against suspects involved in a related $230 million crypto-fraud scheme, with broader racketeering charges exceeding $263 million, which include aspects of the Genesis-linked theft. Zulfiqar is also tied to the August 2023 Kroll SIM swap incident, implicated in over $300 million in subsequent cryptocurrency thefts.
