we'll see how exchanges react to this. if 1) XMR gets even more banned, or 2) if more of them die down (rip eXch)

but I don't see how this could be bad in the long run

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Why is the transfer considered suspicious and it's called theft address?

I don't know also, the guy from the tweet in the screenshot is a known researcher in the space but so far we got no clues other than this. I don't follow it that well to know if it's a legit claim or he's speculating himself 🤔

It’s a speculation although it’s improbable that the owner would just swap his #Bitcoin all at once raising suspicious activities. I think it’s reasonable to assume it’s some sort of hack until proven otherwise.

Yeah even if it's the legit owner what's mostly suspicious is the *rush* to get Monero quickly, even if the price raises because of it. Usually only hackers move so recklessly

Ah OK, we'll see if it gets confirmed anyhow