U.S. Government Believed To Control Fifth Largest Bitcoin Wallet Linked To Bitfinex Hack
Wallet Linked To 2016 Bitfinex Hack This development stems from the wallet’s direct connection to the infamous 2016 Bitfinex Hack. PeckShieldAlert’s findings indicate that the wallet’s ownership is linked to the seizure address. Recent records indicate that on February 1st, 2022, a substantial amount of approximately 567.5 BTC, valued at around $21.88 million, was transferred from wallet 1CGA4s to this specific seizure address. advertisement This occurrence is not the first of its kind. In 2022, PeckShield had previously reported that the U.S. Department of Justice (DOJ) had taken control of the account, associated with the Bitfinex hack. The DOJ’s action resulted in the seizure of a staggering $3.55 billion worth of Bitcoin , further highlighting the magnitude of the cryptocurrency’s connection to the hack. At the time of the hack, these stolen Bitcoin s were valued at around $75 million. Also Read: Memecoins Like Pepe Coin, DOGE, An...