The post There is a New Development on Cryptocurrencies Allegedly Stolen by the US Government appeared on BitcoinEthereumNews.com.

Yesterday, suspicious activity observed in one of the Bitfinex hacker wallets seized by the US became a hot topic in the cryptocurrency world. Approximately $20 million worth of stablecoins were first sent to a previously unidentified wallet, which was then converted to Ethereum and transferred to an obscure crypto exchange. There were speculations that the incident was a hack, and cryptocurrency detective ZachXBT also said that the transfers could have been malicious. But interestingly enough, today a significant portion of the funds were returned to crypto wallets controlled by the US government. With $19.3 million reaching official wallets, it appeared that 88% of the funds had been recovered. However, in the new transfers made minutes ago, the funds were this time transferred to a different cryptocurrency wallet, providing strong evidence that these could be internal transfers rather than a hack. However, there is no official statement yet as to whether the transfers in question were stolen and returned after a hacking incident or whether they were transferred for another purpose. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/there-is-a-new-development-on-cryptocurrencies-allegedly-stolen-by-the-us-government/

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Filed under: News - @ October 25, 2024 11:14 pm