BTC-e crypto wallet returns after 5 years

BTC-e crypto wallet returns after 5 years

A wallet linked to the defunct criptocurrency exchange BTC-e has suddenly awakened after lying dormant for over five years.

Over 10,000BTC USD worth $167 million were sent from the BTC-e exchange to two unknown addresses that received 3,500 and 6,500 BTC, according to the

The wallet that received 3,500 BTC sent 300 BTC to another wallet, which was then sent into several more wallets.

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The wallet used in the transaction was identified by CrystalBlockchain as associated with BTC-e, according to the firm.

Sergey Mendeleev, a Russian criptocurrency entrepreneur, posted the transaction on his Telegram account after noticing it.

The Federal Bureau of Investigation shut down the BTC-eCrypto exchange in July 2017 for allegedly laundering money after handling $9 billion in transactions since its creation in 2011. The Department of Justice arrested Alexander Vinnik, the alleged operator of BTC-e, in Greece in 2017 for aiding in the laundering of funds stolen in the infamous Mt. Price Action: BTC was trading at $16,683. According to Benzinga Pro data, 74 has gone up 1.12% in the past 24 hours.

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