According to ZachXBT, a former Yuga Labs security researcher was wrongly detained in late 2023 due to a law enforcement error linking them to a $1.1M phishing theft targeting a Bored Ape owner. On-chain analysis by ZachXBT traced the stolen funds, revealing they were moved through multiple crypto wallets and exchanges, ultimately identifying a different perpetrator. The incident underscores the importance of thorough blockchain forensics in crypto-related investigations and impacts trader confidence in NFT security and asset recovery processes. Source: ZachXBT Twitter, May 9, 2025.