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The original was posted on /r/ethereum by /u/Mitsukeraremasen on 2023-08-05 15:57:05+00:00.

For context this is a scammer’s wallet I was following, but I never saw Multichain transactions before. I’m not quite sure what is happening and why is the burn address (Null 0x0) present.

Did they actually burn all the assets or made it so they “disappeared” to somewhere unknown?

All I see mostly are sets of 3 transactions with the “Any Swap Out Underlying” methods.

For example USDC is swapped to anyUSDC, then anyUSDC goes from Null to the Wallet and from the Wallet back to Null.

Link:

Thanks in advance!