[chemgear]

Originally Posted by Fuzz

https://www.coindesk.com/policy/2022...igacx-wake-up/

So not dead, eh?

Money laundering and fraud. Sounds about normal.

Blockchain sleuth zachxbt said on Twitter that the majority of these funds, nearly 70 BTC, appear to have gone to Wasabi, a coin mixing service. It is unclear why EY, a well-established financial services institution, might want to use a crypto mixing service, whose primary purpose would be to obfuscate the source and destination of funds.

UPDATE (Dec. 19, 20:50 UTC): Adds additional detail and confirmation that EY did not move the funds out of the wallets.