Dormant HashFlare Fraud Wallet Moves $18.5M In ETH After 3.5 Years

Dormant Wallet Tied to HashFlare Fraud Moves 10,600 ETH Worth $18.5M

An Ethereum address linked to the HashFlare cloud-mining fraud transferred 10,600 ETH worth about $18.5 million on Monday morning after sitting idle for roughly three and a half years. Blockchain investigator ZachXBT flagged the movement, the first activity tied to the address since the... Read the full story at The Defiant

Dormant HashFlare Fraud Wallet Moves $18.5M In ETH After 3.5 Years

An Ethereum address identified by onchain investigators as tied to the HashFlare investment fraud moved 10,600 ETH, worth about $18.5 million, after sitting dormant for roughly three and a half years. The movement was flagged in a Telegram update from onchain investigator ZachXBT, with Cyvers credited for helping first identify the activity. The reported HashFlare address, 0xff575a22975cc413771825eb84c163189a4d5d22, sent the ETH in transaction 0…