Yesterday,suspiciousactivityobservedinoneoftheBitfinexhackerwalletsseizedbytheUSbecameahottopicinthecryptocurrencyworld.

Approximately$20millionworthofstablecoinswerefirstsenttoapreviouslyunidentifiedwallet,whichwasthenconvertedtoEthereumandtransferredtoanobscurecryptoexchange.

Therewerespeculationsthattheincidentwasahack,andcryptocurrencydetectiveZachXBTalsosaidthatthetransferscouldhavebeenmalicious.

Butinterestinglyenough,todayasignificantportionofthefundswerereturnedtocryptowalletscontrolledbytheUSgovernment.With$19.3millionreachingofficialwallets,itappearedthat88%ofthefundshadbeenrecovered.

However,inthenewtransfersmademinutesago,thefundswerethistimetransferredtoadifferentcryptocurrencywallet,providingstrongevidencethatthesecouldbeinternaltransfersratherthanahack.

However,thereisnoofficialstatementyetastowhetherthetransfersinquestionwerestolenandreturnedafterahackingincidentorwhethertheyweretransferredforanotherpurpose.

*Thisisnotinvestmentadvice.

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