$3.6 Billion in Bitcoin From the 2016 Bitfinex Hack Consolidates Into a Single Address – Bitcoin News

$3.6 billion or 94,643.29 bitcoin stemming from the 2016 Bitfinex hack was moved and consolidated into a single wallet.

At the time GFIS told Bitcoin.com News that the “awakening was done in purpose to dump the price a little bit.”was transferred, the GFIS group observed the transactions consolidate into the wallet address: bc1qazcm763858nkj2dj986etajv6wquslv8uxwczt.

“At the moment, we can observe these awakenings in batches of 10-15 thousand bitcoins and subsequent sending to [bc1q],” the GFIS researchers noted during the transfer. “At the time of writing this post, the address has already collected more than 94 thousand bitcoins. And the revivals continue.” In a note sent to Bitcoin.com News, the crypto exchange Bitfinex said that it is still working with law enforcement on the 2016 case. “Bitfinex continues to work globally with law enforcement agencies, digital token exchanges, and wallet providers to recover the bitcoin stolen in the 2016 hack,” the message sent to our newsdesk said.

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