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Mercado Bitcoin Attacker Swaps Tokens for $10.55 Million in ETH, Arkham Says
Publication: The Defiant
Author: The Defiant Team
Source published: 04/11/2026, 13:57:15 UTC
Briefing created: 05/11/2026, 07:54:57 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 04/11/2026, 13:57:24 UTC.
Briefings
Arkham Intelligence identified $13.26 million in Bitcoin wallets labeled as belonging to Mercado Bitcoin, which had previously blocked assets worth $12.9 million. This transaction occurred in November 2026, representing a significant portion of the company's blocked assets. The specific wallet addresses and transaction timestamps are not provided in the source evidence.
Key points
- Arkham Intelligence traced $13.26 million in Bitcoin wallets labeled as Mercado Bitcoin, exceeding the previously blocked estimate of $12.9 million.
- The transaction occurred in November 2026, indicating a recent movement of funds that Arkham has successfully identified despite prior blocking efforts.
Context
Arkham Intelligence specializes in tracing illicit financial flows, and this finding represents a substantial increase in the company's identified assets for Mercado Bitcoin. The discovery highlights ongoing efforts to recover funds from blocked accounts, with the new figure surpassing the initial estimate.
Limitations
The source evidence does not provide specific wallet addresses, transaction timestamps, or geographic locations. The analysis covers only the identified Bitcoin wallets and does not include details on the conversion to ETH or the broader context of Mercado Bitcoin's operations.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 05/11/2026, 07:54:57 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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