Hackers transferred around $12 million from wallets connected to the Bitfinex breach, in which 120,000 Bitcoin (BTC) was stolen in August 2016.
On August 3, it has been reported according to a series of tweets posted by Whale Alert that wallet addresses known to be associated with one of the largest breaches ever of a crypto exchange moved 620 Bitcoin (BTC) worth around $7 million over 4 transactions.
On July 29, nearly $5 million or 448 BTC was moved in a single transaction.
However, coupled with the recent movement of $39 million from July 27-28, this makes approximately $51 million in Bitcoin transferred over 17 transactions within a week.
It has been analyzed that on August 2, 2016, hackers breached security at Bitfinex by stealing 119,756 BTC, $72 million at the time. After four years and recent bullish behavior, their total haul is now worth $1.3 billion.
Despite the recent $51 million movement, those responsible for the hack have moved only 1-2% of the funds they stole.
Thus, this suggests that the criminals may be having difficulties as new anti-money laundering (AML) regulations are enforced.
Source: Cointelegraph | Image: Bitcoin News
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