Mysterious transactions took place against the backdrop of a market boom.
According to Arkham Intelligence, the US government transferred $922 million worth of bitcoins from two cryptocurrency wallets where the funds were stored, confiscated them from hackers who hacked the Bitfinex crypto exchange in 2016.
The US government transfers occurred on February 28, when Bitcoin surged above $60,000 for the first time since November 2021.
According to the service, on Wednesday, February 28, 1 BTC was sent from one wallet, followed by a transfer of 2,817 BTC ($172.74 million) to unknown addresses. On the same day, a test transaction of 0.01 BTC was completed from another wallet, followed by a transfer of 12,267 BTC ($748.46 million).
The total value of bitcoins moved from the two addresses was about $922 million. Previously, these wallets contained funds confiscated by the US government from hackers of the Bitfinex crypto exchange, which was hacked in 2016.
In February 2022, US authorities arrested Ilya Lichtenstein and his wife, Heather Morgan, and seized more than 94,000 BTC ($3.6 billion) from them. In August 2023, they pleaded guilty to laundering these funds.
According to Arkham Intelligence, the US government transferred $922 million worth of bitcoins from two cryptocurrency wallets where the funds were stored, confiscated them from hackers who hacked the Bitfinex crypto exchange in 2016.
The US government transfers occurred on February 28, when Bitcoin surged above $60,000 for the first time since November 2021.
According to the service, on Wednesday, February 28, 1 BTC was sent from one wallet, followed by a transfer of 2,817 BTC ($172.74 million) to unknown addresses. On the same day, a test transaction of 0.01 BTC was completed from another wallet, followed by a transfer of 12,267 BTC ($748.46 million).
The total value of bitcoins moved from the two addresses was about $922 million. Previously, these wallets contained funds confiscated by the US government from hackers of the Bitfinex crypto exchange, which was hacked in 2016.
In February 2022, US authorities arrested Ilya Lichtenstein and his wife, Heather Morgan, and seized more than 94,000 BTC ($3.6 billion) from them. In August 2023, they pleaded guilty to laundering these funds.
