{"id":140551,"date":"2024-10-25T15:00:04","date_gmt":"2024-10-25T12:00:04","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=140551"},"modified":"2024-10-25T14:18:26","modified_gmt":"2024-10-25T11:18:26","slug":"hackers-target-us-government-wallet-seize-20m-in-stolen-bitfinex-assets","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/hackers-target-us-government-wallet-seize-20m-in-stolen-bitfinex-assets\/","title":{"rendered":"Hackers Target US Government Wallet, Seize $20M in Stolen Bitfinex Assets"},"content":{"rendered":"<p>Over half of these were linked to attacks on centralized exchanges BingX and Indodax. Amid this trend, Arkham Intelligence reported a recent breach involving a wallet thought to be under U.S. government control, with a loss of $20 million on October 24.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud835\udde8\ud835\udde3\ud835\uddd7\ud835\uddd4\ud835\udde7\ud835\uddd8: \ud835\udde8\ud835\udde6 \ud835\uddda\ud835\uddfc\ud835\ude03\ud835\uddf2\ud835\uddff\ud835\uddfb\ud835\uddfa\ud835\uddf2\ud835\uddfb\ud835\ude01 \ud835\uddf9\ud835\uddf6\ud835\uddfb\ud835\uddf8\ud835\uddf2\ud835\uddf1 \ud835\uddee\ud835\uddf1\ud835\uddf1\ud835\uddff\ud835\uddf2\ud835\ude00\ud835\ude00 \ud835\uddee\ud835\uddfd\ud835\uddfd\ud835\uddf2\ud835\uddee\ud835\uddff\ud835\ude00 \ud835\ude01\ud835\uddfc \ud835\uddf5\ud835\uddee\ud835\ude03\ud835\uddf2 \ud835\uddef\ud835\uddf2\ud835\uddf2\ud835\uddfb \ud835\uddf0\ud835\uddfc\ud835\uddfa\ud835\uddfd\ud835\uddff\ud835\uddfc\ud835\uddfa\ud835\uddf6\ud835\ude00\ud835\uddf2\ud835\uddf1 \ud835\uddf3\ud835\uddfc\ud835\uddff $\ud835\udfee\ud835\udfec\ud835\udde0.<\/p>\n<p>$20M in USDC, USDT, aUSDC and ETH has been suspiciously moved from a USG-linked address 0xc9E6E51C7dA9FF1198fdC5b3369EfeDA9b19C34c to\u2026 <a href=\"https:\/\/t.co\/UXn1atE1Wx\">pic.twitter.com\/UXn1atE1Wx<\/a><\/p>\n<p>\u2014 Arkham (@ArkhamIntel) <a href=\"https:\/\/twitter.com\/ArkhamIntel\/status\/1849537146861859120?ref_src=twsrc%5Etfw\">October 24, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The funds included assets from the infamous 2016 Bitfinex hack, totaling $5.5 million in <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/usd-coin\/\">USDC<\/a><\/strong>, $1.25 million in Tether, $13.7 million in interest-bearing USDC, and $446,000 in <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">Ethereum<\/a><\/strong>.<\/p>\n<p>The hacker is believed to be converting the stolen stablecoins into Ethereum, using a series of transfers tied to suspected money-laundering addresses. Notably, some of these transactions were routed through a \u201cnested exchange,\u201d a liquidity hub associated with Binance but not directly involving the platform.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/hacker-shifts-52-million-in-stolen-crypto-to-ethereum-after-defi-breach\/\" title=\"Hacker Shifts $52 Million in Stolen Crypto to Ethereum After DeFi Breach\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/security_privacy_hacker_crime_data_breach_thief_steal_criminal_danger_binary_code_digital_password_thinkstock_1200x800-100754932-large-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Hacker Shifts $52 Million in Stolen Crypto to Ethereum After DeFi Breach<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>This incident recalls the 2016 Bitfinex breach, orchestrated by Ilya Lichtenstein and Heather Morgan, who were accused of stealing 120,000 <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a><\/strong>, now valued at over $8 billion.<\/p>\n<p>After being detained in 2022, both reached a plea deal this past July. Lichtenstein faces up to five years in prison, while Morgan has requested an 18-month sentence, with sentencing expected this November.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto security incidents remain a persistent challenge, with September alone seeing $120 million in losses from various hacks.<\/p>\n","protected":false},"author":7,"featured_media":28984,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[26],"tags":[],"class_list":["post-140551","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocrime"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hackers Target US Government Wallet, Seize $20M in Stolen Bitfinex Assets<\/title>\n<meta name=\"description\" content=\"Crypto 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