US Homeland Security Returns $314K From 2016 Bitfinex Hack

US Homeland Security Returns 4K From 2016 Bitfinex Hack

With an announcement on July 6th, the cryptocurrency exchange has taken off Bitfinex I have announced To receive $31,219.71 in cash and 6,917 BCH (BC extension) from US Department of Homeland Security. Reservation made in cooperation with US Customs and Border Protection. According to the Bitfinex team:

“This is part of Bitfinex’s ongoing efforts, working with law enforcement and other investigative agencies, to recover assets stolen from the exchange in August 2016. The US government continues to make progress prosecuting individuals implicated in the Bitfinex security breach and forfeiting funds related to the theft.”

The assets will be returned pro rata to the victims of the 2016 Bitfinex hack. Shortly after the security breach, the exchange issued i Redemption rights codes (RRT) At a face value of $1 each. There are currently 30 million RRT in circulation. Once the RRTs are redeemed with the recovered assets, the remainder will be paid to the token holders Unus Sed Leo (LEO), the original Bitfinex token.

in 2016, Bitfinex suffered a security breach that resulted in the loss of 119,576 Bitcoins (bitcoin), worth about $70 million at the time and $3.7 billion today. On February 8, 2022, the United States Department of Justice Two people arrestedAnd Ilya Lichtenstein and his wife, Heather Morgan, for alleged involvement in cryptocurrency laundering linked to the hack. Later, private agents took over more than 94,000 bitcoins It was stolen from Morgan and Lichtenstein, thanks to a search warrant that allowed them to view files containing the private keys to wallets owned by the suspects. Refund efforts are still underway.

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