More than $20 million in stablecoins and Ethereum were transferred from a wallet identified as belonging to the US government, and holding funds connected to the 2016 hack of the Bitfinex cryptocurrency exchange. While the government does occasionally shuffle cryptocurrency around, these funds were moved to a brand new wallet and then began to be shuffled through cryptocurrency exchanges — something that crypto sleuth zachxbt noted “looks nefarious”.The government has not made any statements regarding the movement of assets.The following day, $19.3 million in tokens were returned to the original wallet.

Total loss estimated at $1,200,000.