Bitfinex Hackers Move $26M Worth Of Bitcoin to Unknown Wallets; Still Ignoring $400M Reward
- Millions worth of Bitcoin (BTC) stolen from the 2016 Bitfinex hack on the move.
- The hackers made six large multi-million dollar transfers to unknown wallets.
Nearly 2,500 Bitcoins stolen from Bitfinex exchange in 2016 are on the move once again – following similar multimillion-dollar moves this August ($12M and then $5.7M). A total of 2479.62 BTC (~$26 million) moved from the Bitfinex hacker’s account to unknown wallets, Whale Alerts reported on Oct. 6th.
According to the Twitter-based whale transaction data bot, six transactions involved multi-million dollar moves ranging from $4 million to $4.8 million with one other transaction totaling slightly over $12,000.
⚠ 400.1 #BTC (4,249,637 USD) of stolen funds transferred from Bitfinex Hack 2016 to unknown wallet
— Whale Alert (@whale_alert) October 7, 2020
Back in 2016, Bitfinex witnessed a hack that saw users lose close to 120,000 BTC, then worth about $73 million (currently worth over $1.2 billion). The exchange has since paid up the losses to customers through its stablecoin and launched a return policy for the stolen BTC.
At the start of August, Bitfinex exchange announced a $400 million reward to the hackers to return the full amount of BTC stolen – or a third of the total stolen Bitcoins. Despite the exchange’s efforts to disburse the reward privately and anonymously, it seems the hackers are still not incentivized enough to return the BTC.
Add comment