{"id":49815,"date":"2021-09-20T21:45:11","date_gmt":"2021-09-20T18:45:11","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=49815"},"modified":"2025-09-02T14:35:14","modified_gmt":"2025-09-02T11:35:14","slug":"unknown-actor-transfers-all-9916-eth-from-wex-exchange-wallet-to-a-new-address","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/unknown-actor-transfers-all-9916-eth-from-wex-exchange-wallet-to-a-new-address\/","title":{"rendered":"Unknown actor transfers all 9,916 ETH from WEX exchange wallet to a new address"},"content":{"rendered":"

On September 20, an unknown actor transferred all funds held in the WEX cryptocurrency exchange wallet<\/a>, amounting to 9,916 ETH (a little over $30 million at the time) to a new address.<\/p>\n

The gas price for the transfer was set at 20 Gwei, with the recommended<\/a> level of 84 Gwei at the time of writing. The fee amounts to 0.00042 ETH ($1.27).<\/p>\n

\n

\u201cThe fact that the transaction was executed with only 20 Gwei suggests, most likely, that it was carried out by someone not very versed in crypto. For example, a random person who happened to know the key,\u201d said ForkLog CEO Indefibank Sergey Mendelyev in a comment.<\/p>\n<\/blockquote>\n

Due to the low fee, the transaction was confirmed only on October 2.<\/p>\n

Earlier, on August 11, police at Warsaw’s airport detained the former owner of WEX, Dmitry Vasilyev, at Kazakhstan’s request. He has been detained until September 21. The prosecutor’s office later confirmed this.<\/p>\n

A month later, on September 15, an unknown withdrew 100 ETH from the exchange wallet<\/a> ($345,385 at the time).<\/p>\n

In July 2018, due to \u201cmaintenance work\u201d the WEX exchange halted full withdrawals. At the same time, according to Dmitry Vasilyev, a contract transferring ownership of WEX was signed to ex-DPR militant Dmitry \u201cMoryachok\u201d Khavchenko.<\/p>\n

In August of the same year, it became known about the bankruptcy of the exchange and suspension of its operations. An initiative group of clients estimated that the damage exceeded $400 million. Vasilyev personally is credited with a withdrawal of $200 million.<\/p>\n

In spring 2019, Kazakh law enforcement authorities, in absentia, named him a suspect in fraud and issued an international arrest warrant.<\/p>\n

Follow ForkLog news on Telegram: ForkLog Feed<\/a> \u2014 the full feed of news, ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"

On September 20, an unknown actor transferred all funds held in the WEX cryptocurrency exchange wallet, totaling 9,916 ETH (just over $30 million at the time) to a new address.<\/p>\n","protected":false},"author":1,"featured_media":49816,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1350,1166,1227],"class_list":["post-49815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-btc-e-wex","tag-centralized-exchanges-cex","tag-cryptocurrency-transactions"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=49815"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49815\/revisions"}],"predecessor-version":[{"id":49817,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49815\/revisions\/49817"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/49816"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=49815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=49815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=49815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}