About 750 BTC were withdrawn from Finiko's Ponzi scheme wallet
All transactions then went to one address belonging to the Huobi exchange
12.11.2021 - 07:35
1091
1 min
0
What’s new? According to the Youtube channel “Zheleznaya Stavka”, between November 1 and 10, unknown persons made a series of transactions and withdrew large sums of money from the bitcoin wallet of the Finiko Ponzi scheme.
How much money was withdrawn? There were a total of 3 transactions of 250 BTC each. The total amount they were able to send from the Ponzi scheme’s wallet to another wallet was 750 BTC (about $48,5 million).
What is known about further actions? Once the transfers were completed, all funds were subsequently sent to an address belonging to the cryptocurrency exchange Huobi. The unidentified individuals began the process of splitting bitcoins into smaller amounts and transferring them to other addresses in order to confuse the trail.
The channel's author Andrey Alistarov stresses that the exchange should have blocked the said funds long ago, but so far this has not happened and there is a good chance that the unknown persons will be able to cash out the money of the defrauded Ponzi scheme’s users.
Useful material?
Telegram 
Twitter Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Incidents
The user spent weeks unsuccessfully trying to guess the password until Claude helped find an old wallet backup file
May 14, 2026
Crypto regulations
Authorities are introducing mandatory registration for companies handling cross-border crypto transactions
May 8, 2026
Incidents
According to Blockaid, the attack may have been carried out by the same hacker behind the 1inch Fusion V1 exploit.
May 7, 2026
Incidents
The attacker gained administrative access and altered contracts to drain user funds
Apr 30, 2026
Cryptocurrency rates
-
Bitcoin
$63 755
BTC
-4.99%
-
Ethereum
$1 789.19
ETH
-4.04%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.19
XRP
-3.33%
-
Dogecoin
$0.089755
DOGE
-4.44%
-
TRON
$0.160134
TRX
-1.59%
-
Zcash
$597.73
ZEC
-3.88%
-
Cardano
$0.1971
ADA
-7.28%
-
Stellar XLM
$0.209515
XLM
-6.63%
-
Polkadot
$3.32
DOT
+5.27%