ChainCatcher news, according to an update disclosed by Arkham on the X platform, data shows that after the reported hacking attack yesterday, the U.S. government's address has just recovered $19.3 million, less than 24 hours after the initial address breach, and has received 88% of the stolen funds so far.Previous news, according to Arkham monitoring, a cryptocurrency wallet associated with the U.S. government was allegedly hacked, resulting in approximately $20 million in assets being stolen. The stolen funds originated from a portion of the funds seized by the U.S. government in the 2016 Bitfinex exchange hacking incident.

ChainCatcher message, according to @ai_9684xtpa monitoring, after the stolen funds from the U.S. government were transferred to an address starting with 0x348, some stablecoins have been exchanged for 2709 ETH (approximately 6.08 million USD).The exchanged ETH has been distributed to Binance and two new addresses, and the hacker's wallet currently still holds AUSDC worth 13.2 million USD.

ChainCatcher news reports that, according to Arkham monitoring, a cryptocurrency wallet associated with the U.S. government has allegedly been hacked, resulting in approximately $20 million in assets being stolen. The stolen funds originated from a portion of the assets seized by the U.S. government during the 2016 Bitfinex exchange hack.The attackers transferred the stolen funds to a wallet address starting with "0x348". The stolen assets include various cryptocurrencies such as USDC, USDT, aUSDC, and ETH. Arkham reports that the hackers have begun converting stablecoins into Ethereum and laundering the funds through addresses suspected to be linked to money laundering services.Specifically, the attacked U.S. government address is 0xc9E6E51C7dA9FF1198fdC5b3369EfeDA9b19C34c, which previously received funds related to the Bitfinex hack from 9 different government seizure addresses. This includes the address 0xE2F699AB099e97Db1CF0b13993c31C7ee42FB2ac, which was named in the court documents of the Bitfinex case.Previous news reported that the U.S. government address withdrew $6.57 million in stablecoins from Aave, which were then exchanged for 2,135 ETH.

According to ChainCatcher, on-chain data shows that the U.S. government address (Bitfinex hacker seized funds) withdrew $6.57 million worth of stablecoins from Aave 6 hours ago. The funds were then transferred to the address "0x34...0a9f", which subsequently exchanged approximately 5.45 million USDC for 2135.27 ETH. The specific motive behind the operations of this address cannot be confirmed at this time.

ChainCatcher message, according to Arkham data, 6 hours ago, a U.S. government address starting with bc1qnf received a transfer of 0.17666 BTC from an unmarked address, worth approximately $10,700.

ChainCatcher message, according to Arkham data, 15 minutes ago, the U.S. government address transferred 299.95 ETH again.

ChainCatcher message, according to Arkham data, 4 minutes ago, the U.S. government address transferred 0.041 ETH, possibly for transfer testing.

ChainCatcher message, Arkham data shows that at 01:59 AM today, the address marked as "U.S. Government: Ryan Farace Seized Funds (3B2jE)" deposited 58.742 BTC (approximately 3.96 million USD) to the Coinbase Prime Deposit (34tXj) address.

According to ChainCatcher news, statistics from OKG Research of OKChain show that from July 11 to 12, on-chain assets totaling approximately $568 million flowed out from two on-chain addresses marked as the German government and the U.S. government.Since July 1, on-chain assets totaling $742 million have flowed out from addresses marked as U.S. addresses, mainly consisting of BTC and ETH. On-chain assets totaling $1.92 billion have flowed out from addresses marked as German addresses. The two popular addresses have a total outflow of $2.662 billion. During the same period, on-chain assets flowing into the market from the U.S. BTC spot ETF channel increased supply by $976 million.