Satoshi stirs, FTX looks abroad, Brazil central bank hacked

From billion-dollar Bitcoin movements to courtroom maneuvers and cross-border hacks, this week’s crypto headlines span the strange, the strategic, and the staggering.

Dormant wallets from the Satoshi era suddenly sprang to life, Brazilian hackers used crypto to launder stolen bank funds, and FTX sought legal approval to distribute assets in restricted jurisdictions.

Meanwhile, Robinhood and Deutsche Bank pushed deeper into blockchain development, Ripple secured a key payments partner, and Bitcoin treasury giants like Strategy and Metaplanet doubled down on accumulation.

Here’s a roundup of the biggest developments shaking up the digital asset world this week.

Satoshi-era Bitcoin wallets activate after 14 years

• Eight dormant wallets each transferred 10,000 Bitcoin btc0.77% Bitcoin to new SegWit addresses Friday. This is one of the first movements of these funds since 2011 during Bitcoin’s “Satoshi era.”
• The transfers totaled approximately $8.5 billion worth of Bitcoin. Additionally, a suspicious transaction involving over 10,000 Bitcoin Cash bch2.64% Bitcoin Cash tokens was flagged before the massive Bitcoin movements began.

Brazilian bank hack proceeds laundered through crypto

• ZachXBT, an on-chain analyst, claims that hackers who gained unauthorized access to the Central Bank of Brazil’s service provider have begun using cryptocurrencies to launder some of the $140 million they stole.
• The researcher disclosed on Friday that over-the-counter desks and cryptocurrency exchanges in Latin America have converted between $30 and $40 million of stolen cash into Bitcoin, Ethereum eth1.88% Ethereum, and USDT.