Someone Just Destroyed $8.2 Million in Bitcoin—Why? – Decrypt

May 27, 2026 - 00:15
Someone Just Destroyed $8.2 Million in Bitcoin—Why? – Decrypt
In brief Bitcoin addresses created in 2014 simultaneously transferred a combined 107 Bitcoin worth $8.2 million to a well-known burn address. Because funds sent to a burn address have no accessible private key, the funds were permanently destroyed. The perfectly synchronized transfers sparked intense intrigue on X, with theories ranging from an AI chatbot glitch...

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