• Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining
Wednesday, September 3, 2025
  • Login
  • Register
Coin24h.com
  • Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining
No Result
View All Result
  • Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining
No Result
View All Result
Coin24h.com
No Result
View All Result
Ledger Nano X - The secure hardware wallet
ADVERTISEMENT

US government-linked address likely exploited for over $20 million in crypto

24 October 2024
in Tether
Reading Time: 3 mins read
A A
0
US government-linked address likely exploited for over  million in crypto
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
cryptotrader
ADVERTISEMENT

Related articles

Tether’s trade finance division funds first oil deal via USDT

Tether’s trade finance division funds first oil deal via USDT

8 November 2024
Tether CEO quashes speculation of launching a Tether blockchain ‘at this time’

Tether CEO quashes speculation of launching a Tether blockchain ‘at this time’

4 November 2024
Receive, Manage & Grow Your Crypto Investments With Brighty

A hacker may have stolen over $20 million worth of crypto, including stablecoins and Ethereum (ETH), from a US government-controlled wallet connected to the infamous 2016 Bitfinex hack.

The suspicious transfers occurred on Oct. 24, raising alarms among blockchain analysts, including ZachXBT, who called the transfers “nefarious” and hinted at possible theft.

Arkham Intelligence first flagged the transfers from the wallet, which had been dormant for eight months before it suddenly moved $1.25 million in Tether (USDT) and $5.5 million in USD Coin (USDC) from the DeFi platform Aave.

Additionally, around $13.7 million in aUSDC — an interest-bearing token representing USDC deposited in Aave — along with $446,000 worth of Ethereum, was sent to a recently created wallet.

The funds had been seized by US authorities as part of the investigation into the 2016 Bitfinex hack, in which over $3.6 billion in digital assets were stolen. Following the seizure, the government-held wallet had received significant amounts of crypto.

Further analysis revealed that approximately $320,000 worth of Ethereum was sent to various exchanges, while another $80,000 was distributed across multiple smaller wallets. The wallet that received these funds had been created only days before the transfer, intensifying concerns about the suspicious nature of the transactions.

As of press time, the Department of Justice has not commented on the situation or provided information regarding the transfers. Analysts and blockchain experts are continuing to monitor the movement of the funds as the investigation unfolds.

Mentioned in this article
Author

Gino Matos

Reporter at CryptoSlate

Gino Matos is a law school graduate and a seasoned journalist with six years of experience in the crypto industry. His expertise primarily focuses on the Brazilian blockchain ecosystem and developments in decentralized finance (DeFi).

Editor

Assad Jafri

Editor & Reporter at CryptoSlate

AJ, a passionate journalist since Yemen’s 2011 Arab Spring, has honed his skills worldwide for over a decade. Specializing in financial journalism, he now focuses on crypto reporting.

Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.

Credit: Source link

Cryptohopper
ADVERTISEMENT
[crypto-donation-box]
Tags: AddresscryptoExploitedGovernmentLinkedmillion
Share76Tweet47
Ledger Nano X - The secure hardware wallet
Previous Post

Analyst Detects Anomaly in the XRP Price, Some Traders Move to Altcoin Rival Aiming for 2000x Run as a Precaution

Next Post

Microsoft Urges Shareholders to Vote Against a Proposal to Assess Bitcoin as a Diversification Investment: Filing

Related Posts

Tether’s trade finance division funds first oil deal via USDT

Tether’s trade finance division funds first oil deal via USDT

8 November 2024
0

Tether leveraged its USDT stablecoin to fund a $45 million crude oil transaction in the Middle East through its trade...

Tether CEO quashes speculation of launching a Tether blockchain ‘at this time’

Tether CEO quashes speculation of launching a Tether blockchain ‘at this time’

4 November 2024
0

Tether CEO Paolo Ardoino has dismissed recent speculation about the company’s plans to launch a proprietary blockchain network.In a Nov....

Tether hits .7 billion in profit YTD as reserves reach record high

Tether hits $7.7 billion in profit YTD as reserves reach record high

31 October 2024
0

Tether Limited reported $2.5 billion in net profit for the third quarter, bringing its year-to-date profits to a record-breaking $7.7...

Tether slams WSJ report alleging US probe as ‘irresponsible reporting’

Tether slams WSJ report alleging US probe as ‘irresponsible reporting’

25 October 2024
0

 Tether CEO Paolo Ardoino denied reports about the firm being under investigation in the US. Ardoino’s clarification comes after a Wall...

BlackRock eyes crypto derivatives market with BUIDL as collateral

BlackRock eyes crypto derivatives market with BUIDL as collateral

18 October 2024
0

BlackRock is reportedly in discussions with several centralized exchanges to allow its BUIDL fund to be used as collateral for...

Load More
Next Post
Microsoft Urges Shareholders to Vote Against a Proposal to Assess Bitcoin as a Diversification Investment: Filing

Microsoft Urges Shareholders to Vote Against a Proposal to Assess Bitcoin as a Diversification Investment: Filing

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
TRON Selected By US Department Of Commerce To Publish Economic Data Onchain

TRON Selected By US Department Of Commerce To Publish Economic Data Onchain

3 September 2025
Solana News Today: Investors Gain Blockchain Access as Galaxy Digital Tokenizes Public Shares – AInvest

Solana News Today: Investors Gain Blockchain Access as Galaxy Digital Tokenizes Public Shares – AInvest

3 September 2025
Solana was down 70% at one point this year. Now, it's getting its mojo back – CNBC

Solana was down 70% at one point this year. Now, it's getting its mojo back – CNBC

3 September 2025
Federal Reserve to Host Payment Event, Stablecoins in Focus

Federal Reserve to Host Payment Event, Stablecoins in Focus

3 September 2025

About Us

We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency. Simple logic and real-world examples are preferred before technical jargon and personal rants.

Categories

  • Altcoin
  • ApeCoin
  • Bitcoin
  • Blockchain
  • BNB
  • Cardano
  • Cryptocurrency
  • DOGE
  • DOT
  • Ethereum
  • HBAR
  • Litecoin
  • Market
  • Meta News
  • Mining
  • NFT
  • QNT
  • Regulation
  • SHIBA
  • Solano
  • Tether
  • Uncategorized
  • XDC
  • XLM
  • XRP

What’s New Here!

  • TRON Selected By US Department Of Commerce To Publish Economic Data Onchain
  • Solana News Today: Investors Gain Blockchain Access as Galaxy Digital Tokenizes Public Shares – AInvest
  • Solana was down 70% at one point this year. Now, it's getting its mojo back – CNBC
  • Federal Reserve to Host Payment Event, Stablecoins in Focus
  • Price predictions 9/3: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, HYPE, SUI – Cointelegraph

Subscribe Now

Our Partner

Round Main Logo
  • About Us
  • Privacy Policy
  • Contact Us

© 2022-2025 coin24h.com

No Result
View All Result
  • Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining

© 2020 coin24h.com

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin (BTC) $ 111,830.00
  • ethereumEthereum (ETH) $ 4,448.51
  • xrpXRP (XRP) $ 2.84
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 853.72
  • solanaSolana (SOL) $ 208.70
  • usd-coinUSDC (USDC) $ 0.999713
  • staked-etherLido Staked Ether (STETH) $ 4,436.17
  • dogecoinDogecoin (DOGE) $ 0.220688
  • tronTRON (TRX) $ 0.341518
  • cardanoCardano (ADA) $ 0.838713
  • wrapped-stethWrapped stETH (WSTETH) $ 5,384.24
  • chainlinkChainlink (LINK) $ 23.71
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,785.68
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 111,775.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • hyperliquidHyperliquid (HYPE) $ 45.84
  • figure-helocFigure Heloc (FIGR_HELOC) $ 0.996965
  • suiSui (SUI) $ 3.39
  • wrapped-eethWrapped eETH (WEETH) $ 4,779.02
  • bitcoin-cashBitcoin Cash (BCH) $ 599.56
  • stellarStellar (XLM) $ 0.361850
  • avalanche-2Avalanche (AVAX) $ 25.17
  • wethWETH (WETH) $ 4,444.16
  • crypto-com-chainCronos (CRO) $ 0.279001
  • hedera-hashgraphHedera (HBAR) $ 0.219445
  • leo-tokenLEO Token (LEO) $ 9.52
  • litecoinLitecoin (LTC) $ 112.64
  • the-open-networkToncoin (TON) $ 3.18
  • usdsUSDS (USDS) $ 0.999423
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999874
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 111,794.00
  • whitebitWhiteBIT Coin (WBT) $ 42.97
  • polkadotPolkadot (DOT) $ 3.88
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.214278
  • uniswapUniswap (UNI) $ 9.71
  • bitget-tokenBitget Token (BGB) $ 4.98
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.19
  • aaveAave (AAVE) $ 326.69
  • moneroMonero (XMR) $ 270.44
  • ethenaEthena (ENA) $ 0.724040
  • daiDai (DAI) $ 1.00
  • pepePepe (PEPE) $ 0.000010
  • okbOKB (OKB) $ 179.58
  • mantleMantle (MNT) $ 1.12
  • ethereum-classicEthereum Classic (ETC) $ 20.88
  • bittensorBittensor (TAO) $ 325.11
  • jito-staked-solJito Staked SOL (JITOSOL) $ 256.28
  • nearNEAR Protocol (NEAR) $ 2.48