Bittrex Is Puzzled Over 24M Stolen STEEM Tokens on Its Holding Account

Soon after an unknown entity “rescued” $5.7 million worth of STEEM tokens from a “New Steem” hard fork seizure, Bittrex confirmed that the funds reached their account. In a May 21 statement, Bittrex co-founder Richie Lai confirmed that the entity of the transaction initiator, the account named “community321,” remains unknown so far.

The Bittrex co-founder continued that the exchange will carefully “review the facts of this transfer” in order to return the funds to the original wallet owner. Hamilton said: While Hamilton apparently means that the rightful owners of the stolen funds are Steem accounts and stakeholders associated with the Steem blockchain’s rebel, the Hive blockchain, there is another party that claims ownership.

Timeline of Steem