Nearly $20 million in cryptocurrencies has been reportedly drained out of U.S. government-linked wallets holding funds seized from the Bitfinex cryptocurrency exchange hack. What Happened: About $14 million in the Aave USDC (AUSDC) stablecoin, $5.4 million in USD Coin (CRYPTO: USDC), $1.1 million in Tether (CRYPTO: USDT), and nearly $450,000 in Ethereum (CRYPTO: ETH) were “suspiciously” transferred to an unknown wallet, according to on-chain analytics firm Arkham Intelligence. After receiving the tokens, the wallet began selling them for ETH, raising concerns about potential money laundering. …
