Bitcoin Unlimited May Have Received Stolen Funds as a Donation

The donations received by Bitcoin Unlimited may have come from funds stolen from Kraken a few months ago. Read more..
Bitcoin Unlimited recently made news after it received an unusually large donation of around $500,000 in bitcoins. The donation amount is now mired in controversy after it was claimed to have come from a questionable source.
According to few reports, the donation received by the project may have been part of funds stolen from Kraken, a leading digital currency exchange. There were unconfirmed reports of Kraken suffering from a security breach in late July that resulted in a theft. While the exact amount of Bitcoin stolen during the incident is not clear, few users tracking the stolen funds on the Bitcoin blockchain believe that it is the same stolen stash which has made its way to Bitcoin Unlimited’s wallets.

This post was published at NewsBTC