While the US government maintained control over the confiscated assets, including stablecoins (Tether, USDC), and Ether from the 2016 Bitfinex hack, in October 2023, the assets in the wallet were suddenly transferred on 10/24 to a wallet address created just five days prior, totaling over $20 million worth of cryptocurrencies.
US Governments Encrypted Wallet Hacked 20 Million Stolen Assets Altered in 2016 Bitfinex Hack