A government-controlled crypto wallet, recently drained of $19.3 million, had most of its funds returned within a day. Blockchain analyst ZachXBT flagged the abrupt transactions as suspicious, resembling patterns typically associated with theft. The funds, which included Ethereum and USDC, were moved through various decentralized finance protocols and later funneled to exchanges like Binance. Despite the recovery, around $1.2 million remained unreturned. The wallet had initially lost over $20 million due to a transfer connected to assets seized by the U.S. Department of Justice from a previous Bitfinex hack. The series of transactions raised concerns, particularly as they flowed to instant exchanges known for serving as liquidity sources for crypto trading, which have been implicated in cybercrime.

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