Bitcoins stolen in May with Binance began to move

Bitcoins stolen in May with Binance began to move

The hackers who stole from the Binance 7,000 BTC cryptocurrency exchange seem to have decided to capitalize on the BTC price increase, which now exceeds $ 12,000.

According to
TNW, July 8, bitcoins more than $ 8 million stolen
in May, with a hot wallet Binance, came into motion. Twitter user whale_alert discovered
two transactions, one for 707.1 BTC and the second for 1 BTC.

The funds were transferred from one hacker’s wallet to other addresses. Apparently, the criminals decided to make money on the growth rate of BTC. During June, by according to Coinfirm companies, hackers transferred 7000 BTC to seven wallets.

After hacking in May, representatives of Binance stressed that the attack was well planned, and the time was chosen very well. Hackers used several initially unrelated accounts, and the transaction was structured so that it passed all security checks. The security system raised the alarm after the withdrawal.

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At the same time, Binance stated that all losses would be covered from the reserve fund of the exchange. Then the cost of 7,000 BTC was about $ 41 million.

A month ago stolen
With Bitfinex in 2016, BTC also began to move for the first time. In a series of transactions 172.54 BTC (about $ 1.37 million) were transferred
from the purse in which they were previously located.


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