$3.6 billion or 94,643.29 bitcoin stemming from the 2016 Bitfinex hack was moved and consolidated into a single wallet following 23 transfers. At the time of writing, the $3.6 billion in bitcoin remains idle and the trading platform Bitfinex says it “continues to work globally with law enforcement agencies” in regard 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 after 23 transactions the wallet held approximately 94,643.29 BTC. The misappropriated stash of BTC, at the time of writing, is worth over $3.6 billion using today’s BTC exchange rates.
- The wallet address and the 94,643 BTC movement was caught by the blockchain parser Btcparser.com. The first transaction of 1 BTC took place at 4:14 a.m. Tuesday, Coordinated Universal Time (UTC) and the last transfer of 0.00001297 BTC took place at 9:33 a.m. UTC.
- The 23 transactions were split into various fractions of bitcoin and Blockchair’s privacy-o-meter tool indicates the transfers were sent with seven “critical issues” including “matched addresses.”
- The wallet has also been flagged and is listed as being involved in the 2016 Bitfinex breach by specific blockchain explorers.
- The last time the Bitfinex hackers moved stolen coins was when bitcoin (BTC) was nearing its $64K price high in mid-April. The transfer in April 2021 was tracked by Btcparser.com, members of the Gold Found In Sand (GFIS) Telegram research group, and the blockchain parser Whale Alert.
- At the time GFIS told Bitcoin.com News that the “awakening was done in purpose
