Omkar Godbole reports:
Large amounts of bitcoin stolen from the cryptocurrency exchange Bitfinex six years ago were moved by hackers early on Tuesday.
- “So far this morning, 94,643.29 bitcoins ($3.55 billion) have been moved in 23 transactions, from a wallet associated with a theft from Bitfinex in 2016, to a new address,” blockchain analytics firm Elliptic said. These originate from a theft suffered by Bitfinex in 2016, the firm added.
- “It is unlikely that these funds will be cashed out any time soon. Funds from this hack have been slowly laundered for over five years now and cashing-out large volumes over a short period of time would draw unwanted attention,” Elliptic said.
Read more at CoinDesk.