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10,000 Bitcoin Withdrawn From Wallet of Defunct Crypto Exchange Wex

A large amount of cryptocurrency kept in a wallet associated with crypto exchange Wex, successor of the infamous trading platform run by alleged money launderer Alexander Vinnik, has moved for the first time since 2017. The 10,000 bitcoins in question, worth over $165 million, have been transferred to new addresses in several transactions.

Several transactions were made, including two likely test transfers of small amounts, before the 10,000 BTC was sent. 3,500 BTC was transferred to one address and 6,500 BTC went to another, likely a change address. The value of the withdrawn cryptocurrency, at the time of writing, exceeds $165 million in fiat equivalent.

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