Stolen Bitifnex Bitcoin Is On The Move….

Stolen Bitifnex Bitcoin Is On The Move….

Bitcoin that were stolen from the exchange platform Bitfinex have been moved on the blockchain from the unknown perpetrator of the theft.

The funds had been dormant for three years before this latest activity. $1.37 million in total were stolen from the exchange platform back in 2016. Over the course of yesterday, they were moved to various locations with the final transaction of $137,514 happening at 19:47 UTC yesterday evening.

The stolen funds have been linked with Bitfinex’s Leo token, which enables the return of stolen crypto funds. However, these claims were denied by Bitfinex. With a spokesperson for the firm, Anneka Dew, stating, “We are not involved, and the movement is not tied to the procedure outlined in the UNUS SED LEO white paper.”

However, more likely than not, the hacker sat on the funds waiting for the hype surrounding the crime to die down. Now, seizing their opportunity, the perpetrator has decided to act. The identity of whom is still unknown, with the crime remaining a mystery, with the funds no closer to being retrieved. This is the first activity the hacker has demonstrated since the original theft, which was one of the largest cryptocurrency hacks recorded.

Recently Similar News

cex-promotion etoro-promotion

Latest Guides

Latest News

Exmo,Money Laundering,Security,Updates

EXMO Vows To Improve Transparency In 2020

It’s the end of the year and it is, of course, the time for New Year resolutions. Exchange platforms are no different and in their latest blog post, EXMO has outlined how they will be improving this area of their service. As per the exchange platform, the move going forward to make all aspects of […]

10 December, 2019
Bitcoin,Changelly,Giveaway,Promotion

Changelly Ho-Ho-Host a Christmas $300 Bitcoin Giveaway

To thank their customers for their loyalty over the past 365 days and to celebrate Christmas, Changelly will be hosting a bitcoin giveaway social media. This year has been a big-one for Changelly who have been rolling out updates, announcing partnerships, and listing a whole host of new coins to their platform, most recently, BUSD […]

9 December, 2019
Election,eToro,UK

eToro Warn of Temporary Restrictions Ahead of UK Election

eToro has today taken to Twitter to make sure their traders are aware of some measures that will be put in place ahead of the market volatility that the election on Thursday could prompt. Since the Brexit Referendum of 2016, there is no denying that the UK as a country has been in turmoil, which […]

9 December, 2019
Coinbase,DAI,Payment Solution

Dai Payments Supported By Coinbase Visa

Dai, one of the world’s most significant stablecoins, has just taken a further step which could help it replace traditional fiat currency. According to a news release issued by the popular cryptocurrency exchange, Coinbase, the platform’s debit card will now be supporting Dai as payment currency. Coinbase’s VISA debit card has only been launched in […]

9 December, 2019
Audit,Binance,Exchange Platforms,Security

Binance Reveal The Results of Two Security Audits

Binance have recently had their security measures tested by two third party firms. Now, these results have been released by the platform to their user. It has been a testing 2019 for Binance security-wise. Back in May, they suffered one of the largest ever recorded hacks whereby $41 million in bitcoin was stolen from the […]

8 December, 2019
Exmo,Tether,Tron,Updates

EXMO Now Supports the TRC20 Standard For USDT.

EXMO have expanded their deposit and withdrawal options for one of the leading stablecoins, Tether by now offering support for the TRC20 standard of USDT. Support for USDT was already offered via Ethereum (ERC20), which as a result, allowed the platform to lower withdrawal fees by 10x. However, this new move will help them expand […]

7 December, 2019
BitPanda,Launch,Mobile,Updates

BitPanda Launch IOS App

Apple product owners will be able to enjoy a better on the go experience at BitPanda thanks to the launch of their new IOS app. While their Android app has been up and running for some time now, the option for iPhone users is all new and will be a welcome addition to their service. […]

7 December, 2019
Binance,Changelly,Listings,Stablecoin

Changelly Extend Stablecoin Repertoire to Include BUSD

Changelly have added Binance’s BUSD to their exchange platform’s listings. BUSD was launched by Binance back in September in partnership with the American firm, Paxos, with the stablecoin being backed 1:1 with the USD. Now that it has been listed on Changelly, it is now possible for traders who are members of the platform to […]

6 December, 2019