Debunked: FBI-Owned Bitcoin Wallet Erroneously Tied to Late Russian Oligarch Prigozhin in Recent Speculation

Amid swirling speculations astir the 3rd biggest bitcoin wallet, chatter has present emerged linking the 5th largest BTC wallet to the precocious Yevgeny Prigozhin, erstwhile proprietor of the Wagner backstage subject institution (PMC). However, a straightforward blockchain explorer hunt intelligibly indicates the wallet bears a statement identifying it arsenic spot of the U.S. government. Nevertheless, this hasn’t deterred the media and netizens from propagating unfounded theories.

Misguided Claims Connect FBI-Owned Bitcoin Wallet to Russian Magnate Prigozhin

Recently, determination was buzz astir the 3rd biggest bitcoin (BTC) wallet. Now, attraction has shifted to the fifth-largest BTC wallet, with galore making audacious claims regarding its ownership. Cryptocurrency news outlets, on with a flurry of societal media posts connected platforms similar X and Facebook, are asserting that this wallet was owned by the precocious Yevgeny Prigozhin. Rumors swirled astir Prigozhin, the erstwhile PMC head, and his links to crypto, particularly aft his tragic demise successful a level clang adjacent Tver Oblast.

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Russian billionaire Yevgeny Prigozhin linked to 5th largest Bitcoin wallet

— Whale (@WhaleChart) August 28, 2023

While it’s plausible that the Russian magnate, Prigozhin, dabbled successful cryptocurrencies similar Bitcoin, the ownership of the fifth-largest BTC wallet isn’t his legacy. In reality, the U.S. authorities holds the keys to this vault, having confiscated a whopping 94,643 BTC — valued astatine $2.4 cardinal contiguous — from the culprits down the Bitfinex hack. Blockchain aficionados tin spot this wallet’s affiliation easy connected explorer platforms similar Arkham and oxt.me. Its provenance is besides wide from the U.S. Justice Department’s public statements and initial reports connected the seizure.

Nevertheless, the communicative of Prigozhin’s alleged nexus with this wallet gained traction, reminiscent of the galore baseless speculations that often engulf the crypto realm. It’s akin to the earlier societal media frenzy suggesting Blackrock owned the third-largest bitcoin wallet. Such narratives crumble upon person scrutiny of the Bitcoin blockchain, yet galore skip this indispensable step, perpetuating fictionalized accounts connected societal media without verification.

Some person pointed retired that, contempt the lack of coagulated proof, there’s indirect grounds suggesting the wallet mightiness beryllium to the precocious Russian Oligarch. However, this conception is wholly unfounded and a full fabrication. There’s not an iota of grounds supporting specified a claim, portion there’s irrefutable onchain information confirming the wallet’s ownership by the FBI.

What bash you deliberation astir the rumors swirling astir concerning these ample bitcoin wallets? Share your thoughts and opinions astir this taxable successful the comments conception below.