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Stolen Funds from Bitfinex Hack Seen on the Move

Published 04/26/2019, 07:53 AM
Updated 04/26/2019, 09:42 AM
© Reuters.   Stolen Funds from Bitfinex Hack Seen on the Move

A wallet holding funds related to the Bitfinex hack in 2016 has seen the coins move for the first time in years. The transaction arrived at a tight moment for Bitfinex, when the exchange is beleaguered by suspicions of deep losses and being propped up only by credit from Tether (USDT).

According to the transaction record, around 300 BTC were moved in several transactions this April 25. The transactions are worth around $1.59 million by current prices. This is only a small fraction of the entire hack, where more...

This article appeared first on Cryptovest

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