Bitcoins stolen in 2016 from Bitfinex exchange are on the move
This is the second time hackers have moved stolen funds

01.02.2022 - 13:35
305
1 min
0
What’s new? On February 1, bitcoins stolen back in 2016 from the Bitfinex exchange began to move. Whale Alert, a transaction tracking and analytics service, has published a post about two transactions of 10 000 BTC each.
⚠ ⚠ ⚠ ⚠ ⚠ ⚠ ⚠ ⚠ ⚠ ⚠ 10,000 #BTC (383,540,711 USD) of stolen funds transferred from Bitfinex Hack 2016 to unknown wallethttps://t.co/kvvWQpZoq8— Whale Alert (@whale_alert) February 1, 2022
What had happened before? This is the second time hackers have moved funds stolen as a result of the Bitfinex hack in 2016. Back then, a total of 119 756 BTC was withdrawn from the exchange, causing the market to collapse. In mid-April 2021, the hackers transferred the first batch of bitcoins worth $750 million. We have verified the transaction that took place, you can view the details at the link below.
Will the situation affect the price of bitcoin? Although most exchanges use AML checks, the hackers may find other ways to cash in stolen assets. However, this large transfer of funds may mean that the attackers are determined to manipulate the market.
Useful material?
Incidents
The exchange noted that the asset no longer meets internal quality standards
Nov 28, 2023
Market
On November 24, bitcoin reached its highest since May last year
Nov 28, 2023
Market
The dominant asset in this network is the USDT stablecoin from Tether
Nov 27, 2023
Market
The project’s founder also responded to community concerns about fraud due to the high promised returns
Nov 27, 2023
Market
The app has been removed from the iOS and Android marketplaces
Nov 27, 2023