Bitfinex Hacker Funds Stolen in $20M Attack, Laundered via Binance
Key Points:
- Over $20 million of Bitfinex hacker funds were stolen and laundered via Binance.
- Hacker still holds $13M in AUSDC after the stolen Bitfinex hacker funds.
Over $20 million of Bitfinex hacker funds stolen by address 0x348…0A9f were converted into ETH and laundered via Binance deposits, leaving $13 million in AUSDC.
$20M in Bitfinex Hacker Funds Stolen from U.S. Government Wallet
A wallet holding Bitfinex hacker funds and linked to the US government was just hacked for over $20 million in assets. The assets stolen were initially in USDT and USDC and have been promptly converted into Ethereum.
After being converted, the funds have been moved across several wallets, including some labeled as “Binance Deposit.” Arkham analysts believe the attacker is laundering the stolen assets through suspicious addresses tied to money laundering services. The incident now raises serious questions about the safety of previously seized hacker funds.
Read more: Bitfinex Stolen Bitcoins Will Be Refunded From 2016 Hack
Stolen Bitfinex Hacker Funds Laundered via Ethereum Transfers
According to Arkham, the Bitfinex hacker funds stolen from a U.S. government address were worth approximately $20 million. The hacker has already begun laundering those assets: first by converting the USDT and USDC into ETH, and later by distributing the funds to various Binance-linked addresses.
Experts claim that the attacker is likely to be using a network of suspicious addresses affiliated with illicit services to obscure any trail of funds. Despite this theft, over $13 million in AUSDC remains within the compromised wallet, posing a continued risk for further laundering.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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Bitfinex Hacker Funds Stolen in $20M Attack, Laundered via Binance
Key Points:
- Over $20 million of Bitfinex hacker funds were stolen and laundered via Binance.
- Hacker still holds $13M in AUSDC after the stolen Bitfinex hacker funds.
Over $20 million of Bitfinex hacker funds stolen by address 0x348…0A9f were converted into ETH and laundered via Binance deposits, leaving $13 million in AUSDC.
$20M in Bitfinex Hacker Funds Stolen from U.S. Government Wallet
A wallet holding Bitfinex hacker funds and linked to the US government was just hacked for over $20 million in assets. The assets stolen were initially in USDT and USDC and have been promptly converted into Ethereum.
After being converted, the funds have been moved across several wallets, including some labeled as “Binance Deposit.” Arkham analysts believe the attacker is laundering the stolen assets through suspicious addresses tied to money laundering services. The incident now raises serious questions about the safety of previously seized hacker funds.
Read more: Bitfinex Stolen Bitcoins Will Be Refunded From 2016 Hack
Stolen Bitfinex Hacker Funds Laundered via Ethereum Transfers
According to Arkham, the Bitfinex hacker funds stolen from a U.S. government address were worth approximately $20 million. The hacker has already begun laundering those assets: first by converting the USDT and USDC into ETH, and later by distributing the funds to various Binance-linked addresses.
Experts claim that the attacker is likely to be using a network of suspicious addresses affiliated with illicit services to obscure any trail of funds. Despite this theft, over $13 million in AUSDC remains within the compromised wallet, posing a continued risk for further laundering.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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