{"id":123272,"date":"2020-11-30T23:54:15","date_gmt":"2020-11-30T20:54:15","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/someone-just-moved-5m-in-btc-from-the-2016-bitfinex-hack\/"},"modified":"2020-11-30T23:54:15","modified_gmt":"2020-11-30T20:54:15","slug":"someone-just-moved-5m-in-btc-from-the-2016-bitfinex-hack","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/someone-just-moved-5m-in-btc-from-the-2016-bitfinex-hack\/","title":{"rendered":"# Someone just moved $5M in BTC from the 2016 Bitfinex hack"},"content":{"rendered":"

“# Someone just moved $5M in BTC from the 2016 Bitfinex hack <\/strong>”
\n<\/p>\n

Back in 2016, 119,756 Bitcoin were stolen from the Bitfinex crypto exchange. Some of these coins have continued to move between wallets over the years, including as recently as Monday.<\/p>\n

Blockchain data shows that an unknown crypto user has moved<\/a> 270.97974 Bitcoin (BTC) from a wallet associated with the hack. The sum is worth roughly $5.2 million at time of publication. <\/p>\n

The address 1GytseWXyzGpmHkcv9uDzkU9D8pLaGyR5x<\/em>, which is believed to be associated with the hack,\u00a0shows<\/a> less than 0.001 BTC remaining. The BTC were sent to a previously unknown bitcoin address \u2014 3MyXrfSg7JFXLa7bD6YF1GnomEr8EXYRnx<\/em>, which holds<\/a> only the transacted amount. <\/p>\n

The hackers responsible for the breach have moved only 1-2% of the stolen funds during the four-year interim since the theft took place. Their HODLing strategy app<\/a>ears to be paying off \u2014 the haul was worth a mere $72 million at the time, but\u00a0is now valued at around $2.3 billion.<\/p>\n

In June, the thieves transferred 736 BTC from the hack to the Russian darknet marketplace Hydra, with some coins actually ending up back at Bitfinex. Likewise, someone transferred 3,503 BTC\u00a0from addresses\u00a0associated with the 2016 Bitfinex hack back in July as well. Coins also moved in October, with 2,900 BTC changing wallets. Various amounts of Bitcoin from the hack\u00a0have also moved on multiple other occasions. <\/p>\n

98% of the stolen funds have remained untouched for four years, however. This may suggest that the hackers have faced difficulties laundering the digital assets as authorities enforce stricter regulations.\u00a0<\/p>\n

Turner Wright\u00a0contributed to this article.<\/em><\/p>\n<\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“# Someone just moved $5M in BTC from the 2016 Bitfinex hack ” Back in 2016, 119,756 Bitcoin were stolen from the Bitfinex crypto exchange. Some of these coins have continued to move between wallets over the years, including as recently as Monday. Blockchain data shows that an unknown crypto user has moved 270.97974 Bitcoin…<\/p>\n","protected":false},"author":1,"featured_media":123273,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2020-11\/99d23f8e-34bc-4810-b218-5fb6a8653d23.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74881,74882],"class_list":["post-123272","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitfinex","tag-hacks"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/123272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=123272"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/123272\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/123273"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=123272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=123272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=123272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}