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US government initiates around $922 million in bitcoin transfers from seized Bitfinex hack funds

Policy • February 28, 2024, 9:37PM EST Published 1 minute earlier on Quick Take Arkham Intelligence data showed that two wallets containing the seized funds made multiple transfers to unidentified addresses on Wednesday. The U.S. government appears to have transferred out about $922 million worth of bitcoin from two crypto wallets that held funds seized from a 2016 Bitfinex hack, according to data from Arkham Intelligence.One wallet first transferred out 1 bitcoin ($60,200) on Wednesday afte...

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