CryptoQuant CEO: The 80,000 BTC transferred recently after 14 years of silence may have come from the MyBitcoin hacker or its founder’s wallet

PANews reported on July 26 that Ki Young Ju, founder and CEO of on-chain analysis platform CryptoQuant, posted on X platform that tracking the recently transferred 80,000 BTC, which had been dormant for 14 years, revealed these bitcoins might have originally come from MyBitcoin's custodial wallets. These wallets had been inactive since April 2011, until MyBitcoin was hacked that year (reportedly in August 2011, MyBitcoin experienced a Bitcoin theft incident and subsequently declared bankruptcy). These wallets likely belong to the hackers who attacked the platform or possibly to Tom Williams, the anonymous founder of MyBitcoin. It appears that Galaxy Digital has purchased these bitcoins, but it is uncertain whether they have conducted any forensic work.