Bitcoins Stolen From Bitfinex Are on The Move Once Again


Hackers have once again moved Bitcoin funds stolen from crypto exchange Bitfinex back in 2016 to unknown wallets.

December 1, 2020 | AtoZ Markets – Against the background of Bitcoin price reaching a new all-time high, funds stolen from the Bitfinex exchange in 2016 are on the move once again, according to Whale Alert, a Twitter bot that traces large cryptocurrency transactions.

Bitfinex hackers transferred over $135 million in stolen BTC

The Whale Alert service recorded 15 transactions totaling over $135 million.

In total, unknown persons transferred 7,045.48 BTC. The largest was the last transaction for 2,000 BTC ($ 38.8 million at the time).

Bitfinex trading platform was hacked on August 2, 2016. In total, the attackers stole 119,756 BTC ($ 71.8 million at the exchange rate at the time, more than $ 2 billion at the current exchange rate).

Read also: Two brothers from Israel hacked Bitfinex crypto exchange

In May, Whale Alert recorded the first movement of stolen funds in 2020. The attackers sent 30.667192 BTC to anonymous addresses.

In August, 4571 BTC and 473.3183 BTC were transferred to unknown wallets by various transactions.

As a reminder, on October 7, Bitfinex hackers more than $36 million in bitcoins. Despite efforts by law enforcement, the vast majority of stolen bitcoins have gone missing.

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