PANews, June 19 – According to ZachXBT, a user claiming their funds were "frozen without reason" by Changelly sought help, stating that their 5.73 BTC (approximately $475,000) had been inaccessible for withdrawal since March 2025. Using compliance tools to trace the funds, ZachXBT found that the source of the Bitcoin inflow pointed to multiple social engineering scams targeting U.S. users and thefts linked to Bitcoin ATMs. The associated address cluster has stolen over $1 million since 2025, with many victims being elderly. The individual seeking help repeatedly changed their story and claimed to have filed a report in India in December 2025. ZachXBT further linked them to a suspected superior, "Mr Parveen," and multiple account holders, identifying the individual as a suspected "money mule" involved in the stolen funds.

The investigation also found that the individual seeking help changed their account of the fund source multiple times and submitted bank statements that did not match their own identity as "proof." ZachXBT suspects they were merely a fund transfer intermediary (mule), with the mastermind possibly being a gang member named "Mr Parveen," and remarked sardonically that the gang had even proactively reported the matter to Indian police, in what could be called "scammers calling the cops on themselves."