Massive Bitcoin Theft: $238 Million Lost in a Single Transaction

A shocking incident has come to light involving the theft of 4,064 Bitcoins, worth approximately $238.7 million, in a single transaction.

The victim reportedly received a significant portion of the funds from the Genesis Trading Bankruptcy Distributions wallet on August 2, amounting to 642.4 BTC ($37.73 million). Additionally, 2,173 BTC ($127.6 million) was transferred from Genesis Trading to the victim two years ago.

The stolen funds were quickly transferred through multiple platforms including ThorChain, eXch, Kucoin, ChangeNow, Railgun, and Avalanche Bridge.

Transaction Hash: 4b277ba298830ea538086114803b9487558bb093b5083e383e94db687fbe9090