170 Stolen Bitfinex's BTC to Moved to Unknown Wallet

Exchanges was hacked back in 2016, about 120k BTC were stolen; most of the big players in the market marked the funds as “undesirable”
07 June 2019   868

Funds on Bitcoin wallets used to store assets stolen from the Bitfinex exchange suddenly began to move.

So, at the moment, five transactions from wallets called “Bitfinex Hack 2016” were noticed. Bitcoins worth over $ 1.3 million were transferred to unknown addresses.

In August 2016, as a result of hacking, Bitfinex lost almost 120,000 BTC and was forced to suspend work.

At the beginning of 2017, more than 800 bitcoins stolen from the exchange began to move and were found at other sites.

Most of the major players in the market noted the funds as “undesirable” and for a long time the bitcoins remained where they were placed after the hacking.

Nevertheless, this year bitcoins have already moved - in April, 550 BTC started moving. It is noteworthy that this happened shortly before the prosecutor's office of the State of New York charged the exchange with the fact that it concealed the fact of loss of about $ 850 million, using the means of the issuer of steylkoina Tether to cover the damage.

SEC Chairman to Speak About BTC Listing

It looks like Bitcoin listing on the tradional exchanges won't happen in the nearest future
20 September 2019   171

Chairman of the US Securities and Exchange Commission (SEC) Jay Clayton said that bitcoin needs more regulation for listing on large exchanges. It is reported by CNBC.

If [investors] think there’s the same rigor around that price discovery as there is on the Nasdaq or New York Stock Exchange ... they are sorely mistaken. We have to get to a place where we can be confident that trading is better regulated.

Jay Clayton

Chairman, SEC

He was talking about listing conditions for bitcoin itself, and not derivatives, such as CME futures.