Someone with access to the 119,756 Bitcoins stolen from the Bitfinex crypto exchange in 2016 moved $12 million into unknown wallets over the last six days.
According to a series of tweets released by Whale Alert on August 3, wallet addresses known to be associated with one of the largest violations of a crypto currency exchange moved 620 Bitcoins (BTC), worth approximately $7 million at the time of this writing, with more than 4 transactions completed. On July 29, almost USD 5 million, or 448 BTCs, were moved in a single transaction.
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Along with them, another recent movement of $39 million from July 27-28, this makes approximately $51 million in Crypto Cash transferred with more than 17 transactions in one week.
Four years later
On August 2, 2016, hackers broke into Bitfinex security, stealing 119,756 BTCs, or USD 72 million at the time. Four years later and a recent upswing, the total amount of their loot is about USD 1.3 billion.
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However, despite the recent movement of USD 51 million, those responsible for the hacking have only moved between 1 and 2% of the funds they stole. This suggests that the perpetrators may be having some difficulty as new anti-money laundering (AML) regulations are implemented.
Exchanges of hacked crypto-currencies in Europe
Cointelegraph recently reported that hackers escaped with USD 1.39 million from a European crypto trading platform, 2gether, on July 31. In addition, the UK-based crypto currency exchange, Cashaa, was the victim of a cyber attack on July 10. Those responsible for the attack stole more than 336 BTCs, or USD 3.7 million at the time of this writing.