Hacker Plunders $20,000,000 Worth of Crypto From Wallet Affiliated With the US Government: Arkham
A hacker plundered $20 million worth of crypto from a wallet affiliated with the US government, according to the digital asset deanonymizing platform Arkham.
Arkham notes the exploiter stole the crypto from a government address affiliated with funds seized from hackers who hit the exchange Bitfinex in 2016.
The government address hacker stole $20 million worth of the stablecoins USDT, USDC, Aave USDC (aUSDC) and Ethereum (ETH). Arkham says they have begun selling the proceeds for ETH and funneling the crypto through a suspicious address linked to a money-laundering service.
The US government address hadn’t moved any crypto for eight months prior to the hack.
In July, a different US government address moved more than $2…
