{"id":70530,"date":"2022-11-24T11:11:49","date_gmt":"2022-11-24T09:11:49","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=70530"},"modified":"2025-09-08T02:50:08","modified_gmt":"2025-09-07T23:50:08","slug":"10000-btc-withdrawn-from-btc-e-wallet-part-sent-to-hitbtc-and-mexc","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/10000-btc-withdrawn-from-btc-e-wallet-part-sent-to-hitbtc-and-mexc\/","title":{"rendered":"10,000 BTC Withdrawn from BTC-e Wallet; Part Sent to HitBTC and MEXC"},"content":{"rendered":"

November 23, an unknown moved 10,000 BTC<\/a> ($165 million at the time of withdrawal) from a wallet associated with the BTC-e cryptocurrency exchange. The transaction was first noticed by the CEO of Indefibank, Sergey Mendeleev<\/a>.<\/p>\n

The amount was split between two addresses. One of them received 6,500 BTC<\/a>, and these funds did not move further.<\/p>\n

The second received 3,500 BTC. Later, this amount was divided into smaller transactions among various wallets.<\/p>\n

According to Crystal Blockchain’s product development director Kirill Chikhhradze<\/a>, 65 BTC from these funds were transferred to the address<\/a> belonging to the HitBTC exchange.<\/p>\n

\"From
Data: Crystal Blockchain.<\/figcaption><\/figure>\n

The ownership of other wallets could not yet be established.<\/p>\n

The transfer was the largest for the sender’s address since September 2017, when another 10,000 BTC was withdrawn from it.<\/p>\n

\"From
Data: Crystal Blockchain.<\/figcaption><\/figure>\n<\/div>\n

According to Chainalysis<\/a>, active movements on the BTC-e (WEX) wallets began about a month ago. On October 26, both platforms sent small amounts of bitcoin to the Russian payment service WebMoney. On November 11, BTC-e made a test payment from its wallet, and on November 21 indirectly transferred about 100 BTC to an unnamed exchange.<\/p>\n

\"From
Data: Chainalysis.<\/figcaption><\/figure>\n

Of all funds withdrawn in recent days, about 9,950 BTC remain in private wallets, while the rest have moved through a chain of intermediaries to four deposit addresses on two major exchanges. In the case of Exchange No. 1, depicted in the diagram, Chainalysis analysts suggested that this may be a Russian platform that could have served as an intermediary to launder BTC-e\u2019s assets.<\/p>\n<\/div>\n

According to Mendeleev, the current withdrawal could be driven by Alexander Vinnik or Alexey Bilyuchenko, who are currently in custody.<\/p>\n

Biluchenko, who was the administrator of WEX (BTC-e’s successor), was detained in March 2022<\/a> in the Moscow region with suitcases of cash. He is suspected of embezzling the exchange’s assets. Police confiscated about 190 million rubles from the suspect.<\/p>\n

According to data<\/a> from the WEX user group, Biluchenko is currently in Moscow’s Matrosskaya Tishina prison.<\/p>\n

Alexander Vinnik awaits trial in Santa Rita Jail in California. He is accused of laundering at least $4 billion through BTC-e. In the United States, Vinnik faces up to 55 years in prison.<\/p>\n

On the day of his arrest, July 25, 2017, an unknown person withdrew 66,143 BTC from the BTC-e hot wallet<\/a> to the Coinbase exchange address.<\/p>\n

Read ForkLog’s bitcoin news in our Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"

On November 23, an unknown person moved 10,000 BTC ($165 million at the time of withdrawal) from a wallet linked to the BTC-e cryptocurrency exchange.<\/p>\n","protected":false},"author":1,"featured_media":70531,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1350,1154,1227],"class_list":["post-70530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-btc-e-wex","tag-crimes","tag-cryptocurrency-transactions"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/70530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=70530"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/70530\/revisions"}],"predecessor-version":[{"id":70532,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/70530\/revisions\/70532"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/70531"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=70530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=70530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=70530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}