TREE NEWS reports: A wallet linked to 7zarc received 4,870 ETH, worth about $15 million, from addresses tied to the roughly $70 million Raidparty exit scam. The ETH was subsequently moved to deposit addresses at several centralized exchanges. ZachXBT said 7zarc disappeared from public view in 2022 and resurfaced in September 2026, and has asked him to explain the fund flows.
ZachXBT Ties Wallet Linked to 7zarc to $70M Raidparty Exit Scam
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AI take
The trace matters less for the amount than for the trail: funds moving from scam-linked addresses into centralized exchange deposit addresses puts compliance teams, not just on-chain sleuths, at the center of the story. It also revives a dormant identity, which is unusual in exit-scam cases where operators typically stay quiet. The open question is whether the exchanges flag or freeze the deposits, and whether 7zarc offers any explanation.
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