Sunday , April 18 2021

Crypto traders withdraw $ 175 million in bitcoin, XRP and Ethereum from bitfinx, NYAG says the exchange has been scared by BTC for $ 1,000



In the past 24 hours, crypto traders have been extracted from Bitcoin, Ethereum and XRP of $ 175 million from the crypto exchange Bitfinex.

Whale watchingers follow a series of crypto transfers from exchanging unknown wallets after a series of charges against Bitfinex and Tether by New York lawyer Letizia James. The largest single transfer so far is a total of 13,377 BTCs worth more than $ 70 million sent from the exchange in one transfer.

Here's a look at all the migration migration whales in the last 24 hours.

  • 1,580 BTC worth 8.2 million dollars transferred from Bitfix to an unknown wallet
  • 13.377 BTC worth 70.3 million dollars transferred from Bitfix to an unfamiliar wallet
  • 3,999 BTC valued at $ 20.6 transferred from Bitfinex to an unfamiliar wallet
  • 14,666 ETH $ 2.2 million transferred from Bitfinex to an unfamiliar wallet
  • 14,318 ETH worth 2.2 million dollars transferred from Bitfinex to an unfamiliar wallet
  • 123,687 ETH worth $ 19.0 million transferred from Bitfinex to an unfamiliar wallet
  • 121,496 ETH for $ 18.7 million transferred from Bitfix to an unfamiliar wallet
  • 187,253 ETH, worth $ 28.8 million transferred from Bitfinex to an unfamiliar wallet
  • 25,444 ETH worth $ 3.9 million transferred from Bitfinex to an unfamiliar wallet
  • 7,137,903 XRP worth $ 2.0 million transferred from Bitfinex to an unfamiliar wallet

According to a 23-page report released by Attorney General James, Bitfinex lost access to the $ 850 million that was in possession of a payment processor in Panama. Instead of warning the public of the issue, Bitfinex reportedly used cash reserves that supported the steady "Teter" to satisfy customers who were trying to pull off a foreign exchange swap.

The report says the leaders of "Bitfinex" panicked when the company failed to withdraw funds from a company called Crypto Capital, with the senior executive telling the external payments partner that this issue could have a dramatic impact on the crypto market .

"Please, understand all this could be extremely dangerous for everyone, for the whole community of crypto. BTC can push under 1 if we do not act quickly."

Tether strongly denied any accusations from NYAG. In a statement, the company said the report was "dashed with false claims".

"The court filings of the New York District Attorney were written in bad faith and were fooled by false claims, including the alleged loss of $ 850 million in Crypto Capital.

On the contrary, we were informed that these amounts of Crypto Capital were not lost, but were actually seized and protected. We are and are actively working to achieve our rights and remedies and release those funds. "

NYAG asks Bitfinex and Teter to stop working in New York. No company has BitLicense, which is required for work in the country.

While representatives from Tether and Bitfinex say companies are separate entities, reports claim that representatives of Bitfinex Philippe Potter and Giancarlo Devassini founded Tether Holdings Limited in the British Virgin Islands in 2014.

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Disclaimer: The opinions expressed in The Daily Hodl are not investment tips. Investors need to make their in-depth analysis before making any risky investments in Bitcoin, crypto-cash or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you can make are your responsibility. Daily Hood does not recommend buying or selling any cryptoworks or digital assets, nor is Dnevnik Hodle an investment advisor. Please note that "Daily Hodle" participates in affiliate marketing.


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