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Four-Year Anniversary of Bitfinex Hack, and $12M of Stolen BTC Moved

Published 08/03/2020, 08:12 PM
Updated 08/04/2020, 10:40 PM
Four-Year Anniversary of Bitfinex Hack, and $12M of Stolen BTC Moved

Someone with access to the 119,756 Bitcoin stolen from crypto exchange Bitfinex in 2016 moved $12 million to unknown wallets in the last six days.

According to a series of tweets posted by Whale Alert on August 3, wallet addresses known to be associated with one of the largest breaches ever of a crypto exchange moved 620 Bitcoin (BTC) — worth roughly $7 million at the time of writing — over 4 transactions. On July 29, nearly $5 million — or 448 BTC — was moved in a single transaction.

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