Specifically, evidence of the reallocation of the stolen fund has been announced via Twitter by Whale-alert.io – a crypto transaction tracker – at 06:08 AM UTC on June 7th. According to the tweets, around 185 bitcoin (equivalent to $1.5 million at press time) has been moved in 6 total transactions.
The stolen money that changed address takes up approximately 0.15% of the total 120,000 BTC. The entire financial damage was estimated to worth $72 million when the incident happened in 2016 and has shot up in value to $973 million according to the current market price.
Anneka Dew – marketing director at Bitfinex – has reportedly confirmed that the movement has nothing to do with the firm’s processes.
Bitfinex has recently introduced a new exchange utility token against big digital coins, following the $1 billion commitments secured, during a funding round for the token in its initial exchange offering at the beginning of May. UNUS SED LEO – which has the value equivalent of 1 tether (USDT) – will provide support for any Bitfinex transactions.