Monitored by Woofun AI, an address linked to the $575 million Hashflare investment fraud (0xff57...5d22) executed a transfer of 10,600 ETH, valued at approximately $18.5 million, roughly three hours ago. This transaction marks the first activity from the wallet in 3.5 years, occurring after Estonian founders Sergei Potapenko and Ivan Turogin pleaded guilty in 2025 and forfeited roughly $450 million in assets to U.S. authorities.

The illicit capital was subsequently routed through HiFiSwap and Near Intents, utilizing two instant exchange platforms to bridge assets from Ethereum to Bitcoin. Key addresses involved in this fund flow include 0xc82f...9d04 and 0x3297...2527, indicating a sophisticated attempt to obscure the origin of the stolen funds.