04 Aug 2016
An online giveaway of 1,000 bitcoins (worth $580,000) has prompted speculation that it is part of an elaborate money laundering scheme by hackers who stole $70m worth of the cryptocurrency from an exchange.
On Tuesday, August 2, the popular cryptocurrency exchange Bitfinex (BFX) revealed that it had suffered a major hack, resulting in the loss of 119,756 bitcoins. On Wednesday, an anonymous Reddit user announced the giveaway under the moniker rekcahxfb—a reversal of BFX hacker.
“Post your [bitcoin] address below,” the post read. “One lucky winner will receive 1000 BTC [bitcoins] after one week from now.”
Count this content towards your CPD minutes, by signing up to our CPD WalletFREE CPD Wallet