Independent on-chain detective ZachXBT has unveiled his latest investigation, exposing a French cybercriminal known as M1llionz. ZachXBT identified the individual, who operated under the alias RichMilly666, as the suspect strongly alleged to have laundered crypto assets totaling $667,000. All of the funds, amounting to hundreds of thousands of dollars, were stolen during two violent home robberies in France in April 2026. The findings highlight how conventional criminals are increasingly using digital exchanges and wallets to conceal their illicit money trails.
The suspect’s carelessness greatly aided the effort to unmask M1llionz. The cybercriminal routinely documented his illicit exploits online, repeatedly flaunting bank fraud and retail scam schemes across his social media accounts. ZachXBT leveraged public clues from those profiles and cross-referenced them with transaction flows on the blockchain. Combining on-chain tracking with open-source intelligence ultimately exposed the true identity of the perpetrator, who had long evaded law enforcement.
Yielding a $93,000 Investigation Bounty
Mapping the complex web of transactions earned the analyst a fitting reward. ZachXBT secured a $93,000 bounty for tracing the money laundering suspect. The five-figure compensation underscores the community’s appreciation for on-chain investigators who solve complex cases, while narrowing the leeway for criminals attempting to wash dirty funds through digital assets.
Continuing a Track Record of Exposures
The M1llionz probe adds to ZachXBT’s extensive track record of investigative breakthroughs this year. The blockchain analyst previously dismantled far larger fraudulent operations, having uncovered the laundering pipeline for stolen funds from crypto exchange Bitget involving $387 million in assets. He also cracked a syndicate operating under the guise of fake technical support services, a scheme that inflicted $5 million in losses on victims.
Law enforcement agencies are now receiving crucial support from independent blockchain analysts. The French home robbery case demonstrates that crypto anonymity is merely an illusion when perpetrators leave interconnected digital footprints. The combination of a transparent blockchain ledger and the suspect’s compulsion to boast online ensured his cover was completely blown.
Reported via @zachxbt on X.
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Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
