Bitcoin Hacked From Bitfinex Exchange Transferred Again R...
Bitcoin Scam News

Bitcoin Hacked From Bitfinex Exchange Transferred Again – Update.

Earlier in 2016, 119,756 Bitcoin [BTC] were hacked from the Bitfinex cryptocurrency exchange. Several of those coins have continued to maneuver between wallets over the years, including as recently as Monday.

Blockchain data reveals that an anonymous cryptocurrency user has transferred 270.97974 Bitcoin from a wallet linked to the hack. The sum is worth roughly $5.2 Mln at the time of reporting.

The address 1GytseWXyzGpmHkcv9uDzkU9D8pLaGyR5x, that is believed to be related to the hack, shows now 0.001 BTC remaining. The BTC were transferred to a previously unknown Bitcoin address, 3MyXrfSg7JFXLa7bD6YF1GnomEr8EXYRnx, that presently holds only the transacted amount.

The hackers liable for the breach have moved only 1% – 2% of the stolen funds within the 4-year interim since the theft happened. Their HODLing strategy appears to be paying off – the haul was worth a mere $72 Mln at the time, but is now valued at around $2.3 Bln.

Earlier in June, the thieves transferred 736 BTC from the hack to the Russian darknet marketplace Hydra, with some coins actually ending up back at Bitfinex. Moreover, someone transferred 3,503 BTC from addresses related to the 2016 Bitfinex hack back in July also. Coins also transferred earlier in October, with 2,900 BTC changing wallets. Various amounts of Bitcoin from the hack have also moved on several multiple other occasions.

98% of the stolen funds have remained untouched for four years, however. this might suggest that the hackers have faced difficulties laundering the digital assets as authorities enforce stricter regulations.

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