Massive Bitcoin Loss Reported by Potential Victim
8/19/2024 1:28:26 PM
![Massive Bitcoin Loss Reported by Potential Victim](https://image.blockchain.news/features/DC3788979712BF4DFF603597AAC46E7C52F8B5EF76BC21453D757F37CDB271FE.jpg)
According to @lookonchain, a potential victim reportedly lost 4,064 BTC (valued at $238.7 million) in a single transfer. Notably, 642.4 BTC ($37.73 million) of this amount was received from the Genesis Trading Bankruptcy Distributions wallet on August 2, and 2,173 BTC ($127.6 million) was received from Genesis Trading two years ago. This incident highlights the risks associated with large-scale Bitcoin transfers. (Source)
Bitcoin BTC transfer Genesis Trading bankruptcyMore from Lookonchain (@lookonchain): Looking for smartmoney onchain