$3.6 Billion in Bitcoin From the 2016 Bitfinex Hack Consolidates Into a Single Address

$3.6 cardinal oregon 94,643.29 bitcoin stemming from the 2016 Bitfinex hack was moved and consolidated into a azygous wallet pursuing 23 transfers. At the clip of writing, the $3.6 cardinal successful bitcoin remains idle and the trading level Bitfinex says it “continues to enactment globally with instrumentality enforcement agencies” successful respect to the matter.

More Than 79% of the 2016 Stolen Bitfinex Bitcoin Moves Into 1 Address

• On February 1, 2022, stolen Bitfinex bitcoins were transferred to a wallet and aft 23 transactions the wallet held astir 94,643.29 BTC. The misappropriated stash of BTC, astatine the clip of writing, is worthy implicit $3.6 cardinal utilizing today’s BTC speech rates.
• The wallet address and the 94,643 BTC question was caught by the blockchain parser Btcparser.com. The archetypal transaction of 1 BTC took spot astatine 4:14 a.m. Tuesday, Coordinated Universal Time (UTC) and the past transportation of 0.00001297 BTC took spot astatine 9:33 a.m. UTC.

• The 23 transactions were divided into assorted fractions of bitcoin and Blockchair’s privacy-o-meter instrumentality indicates the transfers were sent with 7 “critical issues” including “matched addresses.”
• The wallet has besides been flagged and is listed arsenic being progressive successful the 2016 Bitfinex breach by circumstantial blockchain explorers.

• The past clip the Bitfinex hackers moved stolen coins was erstwhile bitcoin (BTC) was nearing its $64K terms precocious successful mid-April. The transportation successful April 2021 was tracked by Btcparser.com, members of the Gold Found In Sand (GFIS) Telegram probe group, and the blockchain parser Whale Alert.
• At the clip GFIS told Bitcoin.com News that the “awakening was done successful intent to dump the terms a small bit.”
• When the 94,643 BTC was transferred, the GFIS radical observed the transactions consolidate into the wallet address: bc1qazcm763858nkj2dj986etajv6wquslv8uxwczt.
• “At the moment, we tin observe these awakenings successful batches of 10-15 1000 bitcoins and consequent sending to [bc1q],” the GFIS researchers noted during the transfer. “At the clip of penning this post, the code has already collected much than 94 1000 bitcoins. And the revivals continue.”
• In a enactment sent to Bitcoin.com News, the crypto speech Bitfinex said that it is inactive moving with instrumentality enforcement connected the 2016 case. “Bitfinex continues to enactment globally with instrumentality enforcement agencies, integer token exchanges, and wallet providers to retrieve the bitcoin stolen successful the 2016 hack,” the connection sent to our newsdesk said.
• Data shows that the 94,643 BTC moved connected Tuesday represents 79.03% of the 119,756 BTC stolen connected August 2, 2016.

What bash you deliberation astir the stolen 94,643 BTC from the Bitfinex hack that moved connected Tuesday? Let america cognize what you deliberation astir this taxable successful the comments conception below.

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