Hey … Could You Transfer Two Billion Dollars For Me?

Here’s a bit of stress for you. You are given a task of sending four transactions of half a billion dollars each from one account into another. How stressful would that be? How open would this be to an insider threat? Well, it happened on 29 July 2019 with a transfer of 49,755 BTC, and which is worth $474,258,949:

The destination was a wallet which then contained $ 2,268,858,416 [here]:

Within an hour it was off again [here]:

It was in fact one one of four major transfers with a total of or 239,436 BTC. ($2.27 billion). It is difficult to know who owned the wallets, but some think that Xapo had around 700,000 bitcoins in its custody. Coinbase recently aquired Xapo’s custody business — and which is a business which holds crypto assets for customers. The transfer could relate to that. Xapo supported…