ZachXBT Questions Abnormal Fund Flows Linked to Raidparty's Alleged $70 Million Scam

BlockBeats news, September 18: On-chain detective ZachXBT questioned why an address associated with user @7zarc (labeled as Zachary Arcelona in the fund flow chart) received 4,870 ETH (approximately $15 million) from funds related to the Raidparty scam of about $70 million, and subsequently transferred them to deposit addresses at multiple CEXs. ZachXBT pointed out that the account disappeared in 2022 and only resurfaced in September 2026. TRM's fund flow chart shows that funds were distributed from the RaidParty Treasury to multiple related parties before flowing into several CEXs. @7zarc has not yet publicly responded.

Raidparty was an Ethereum project during the 2021-2022 blockchain gaming boom, after which the project treasury was transferred and the team disappeared.