Abdullahi Ibrahim
@highbbee
What you need to know It’s surely been a stressful 24 hours for whoever oversees the United States government’s crypto wallets holding seized criminal assets. On Thursday, over $20 million worth of assets seized in relation to the 2016 Bitfinex exchange hack suddenly were drained from a U.S. government wallet, as flagged by Arkham Intelligence, with funds quickly dispersed to exchanges and swapped for stablecoins. It looked bad—and on-chain analysts said it appeared to be theft.
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