Hackers are now accessing wallets containing cryptocurrency stolen from Binance in May. Coinfirm, the company that tracked the original few moves in early May has spotted a massive outflow from the original hoard of wallets created on May 7, 2019.
According to Binance, stolen funds constituted approximately 2% of total BTC holdings of the exchange.
In order to prevent user's funds from being affected and guarantee stable work of the platform, Binance used its SAFU fund to cover the loses.
According to Coinfirm, the hackers then moved 1,060.64474480 BTC or $6,148,122.
On June 7, 2019, the hacker moved the $6 million from this wallet, called bc1q2r, to this wallet, bc1q65, shedding an odd $15.84 dollars into this small wallet and adding $2 million to the total.
It's not clear why this small an amount "Hopped" out of the wallet.
The next hop moved 1,040.95915580 BTC into this wallet, shedding $155,861.
00 into another wallet, 1JSfJ. This shows a concerted effort to break up the bigger wallets into smaller chunks.
Finally, Coinfirm saw a final hop of 1,021.53182514 BTC into this wallet, again shedding $153,835.
Given each of these wallets are now being watched carefully by legitimate exchanges it could be quite difficult - but not impossible - to convert these wallets to fiat.
The Stolen Binance Bitcoin Is On the Move Again
gepubliceerd op Jun 13, 2019
by Coindesk | gepubliceerd op Coinage
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