$623 Million In Stolen Bitcoin From 2016 Bitfinex Hack Has Been Moved

$623 Million In Stolen Bitcoin From 2016 Bitfinex Hack Has Been Moved
фото показано с : bitcoinmagazine.com

2021-4-16 21:40

More than 10,000 BTC stolen from cryptocurrency exchange Bitfinex in 2016 has been moved to a new address.

According to blockchain analysis service Whale Alert, 10,057 bitcoin (worth some $623 million at the time of this writing) that were stolen from cryptocurrency exchange Bitfinex in 2016 was transferred in a series of transactions yesterday.

Whale Alert shared the transactions across more than 60 tweets within one hour, all with the note that it was seeing “stolen funds transferred from Bitfinex hack to unknown wallet.”

The 2016 theft from Bitfinex totaled about $65 million worth of bitcoin at the time and raised questions about a contemporary decision to eliminate the cold storage aspect of its custody. The bitcoin associated with the theft have been transferred before, with 270 BTC being transferred in November 2020, for instance. Due to the Bitcoin blockchain’s public nature, bitcoin transactions like these are trackable and auditable.

The timing of these most recent transactions appeared to some to be auspicious, as they came on the first day of Coinbase’s momentous public listing. With most of the Bitcoin-adjacent attention on that, it’s possible that the person transferring the Bitfinex bitcoin thought the moves would fly under the radar or create intentional market conditions.

Adam Cochran, a financial analyst for Cinneamhain Ventures, noted that the transactions might have been intentionally timed to move the bitcoin market.

“The 2016 Bitfinex hack BTC are some of the most tracked and blacklisted funds in the world,” he tweeted. “No exchange will process them. They can basically never be cashed out. This isn’t the first time that the whale has moved them during a market rally to cause panic and likely cash in a short.” 

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Источник: bitcoinmagazine.com

bitfinex moved → Результатов: 70


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After a 2016 hack that resulted in 119,756 bitcoin being stolen from Bitfinex, a total of 720 bitcoin have now been moved by the hacker. Though some thought this suggested that Bitfinex had succeeded in making a deal with the hacker to receive some of the stolen funds back, Bitfinex's Marketing Director says this wasn't part of the redemption process outlined in the exchange's LEO token white paper.

2019-6-8 19:11


Bitcoins Worth $1.35 Million From 2016 Bitfinex Hack Are on the Move

Over 170 Bitcoins from the 2016 Bitfinex hack have been moved today over to another unknown wallet. Is the hacker attempting to wash the stolen funds, and if so, why now? Let’s take a look.  The 2016 Bitfinex Hack On August 3, 2016, leading crypto exchange, Bitfinex, suffered a devastating security breach which resulted in the loss of over 119,756 Bitcoins (approx $953 Million).

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Bitfinex and Tether call out New York’s AG; claim they do not have duty to inform customers of all matters

The Bitfinex-Tether fiasco took a new turn after Bitfinex and Tether released an official response to the allegations made against it by the New York Attorney General’s office. Bitfinex’s and Tether’s parent company, iFinex, moved to vacate the court order, claiming that the order was based on ‘inaccurate or incorrect facts and wrong legal standard’.

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