BREAKING NEWS! Bitfinex, Digital Exchanges, Law Enforcement Globally, and Wallet Providers are Closing in on the Hackers Who Stole $3.6 Billion in Bitcoin in 2016

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Breaking News
Breaking News

The perpetrators of the heist of $3.6 Billion in Bitcoin in August 2016 have evaded police for almost 4 1/2 years. Today, after 23 transfers, a direct trail was followed to a single wallet.

More Than 79% of the 2016 Stolen Bitfinex Bitcoin Moves Into 1 Address

  • On February 1, 2022, stolen Bitfinex bitcoins were transferred to a wallet and after 23 transactions the wallet held approximately 94,643.29 BTC. The misappropriated stash of BTC, at the time of writing, is worth over $3.6 billion using today’s BTC exchange rates.
  • The wallet address and the 94,643 BTC movement was caught by the blockchain parser The first transaction of 1 BTC took place at 4:14 a.m. Tuesday, Coordinated Universal Time (UTC) and the last transfer of 0.00001297 BTC took place at 9:33 a.m. UTC.
Bitcoin into one wallet infographic
  • The 23 transactions were split into various fractions of bitcoin and Blockchair’s privacy-o-meter tool indicates the transfers were sent with seven “critical issues” including “matched addresses.”
  • The wallet has also been flagged and is listed as being involved in the 2016 Bitfinex breach by specific blockchain explorers.
  • The last time the Bitfinex hackers moved stolen coins was when bitcoin (BTC) was nearing its $64K price high in mid-April. The transfer in April 2021 was tracked by, members of the Gold Found In Sand (GFIS) Telegram research group, and the blockchain parser Whale Alert.
  • At the time GFIS told News that the “awakening was done in purpose to dump the price a little bit.”
  • When the 94,643 BTC was transferred, the GFIS group observed the transactions consolidate into the wallet address: bc1qazcm763858nkj2dj986etajv6wquslv8uxwczt.
  • “At the moment, we can observe these awakenings in batches of 10-15 thousand bitcoins and subsequent sending to [bc1q],” the GFIS researchers noted during the transfer. “At the time of writing this post, the address has already collected more than 94 thousand bitcoins. And the revivals continue.”
  • In a note sent to News, the crypto exchange Bitfinex said that it is still working with law enforcement on the 2016 case. “Bitfinex continues to work globally with law enforcement agencies, digital token exchanges, and wallet providers to recover the bitcoin stolen in the 2016 hack,” the message sent to our newsdesk said.
  • Data shows that the 94,643 BTC moved on Tuesday represents 79.03% of the 119,756 BTC stolen on August 2, 2016.

via BItcoin News