A suspected hacker has stolen $20 million in cryptocurrency from the US government Bitfinex wallet, raising concerns about a potential theft.
The funds were moved from the government-controlled Bitfinex Hack Wallet, which held part of the funds recovered from a 2016 attack on the Bitfinex crypto exchange.
Blockchain security firm Arkham Intelligence flagged the suspicious activity, initially blaming government authorities for the fund movements.
The alleged thief transferred the stolen funds to instant exchanges, and most blockchain security analysts deem the transfers as suspicious.