Why is the return of stolen $9 billion in BTC to Bitfinex controversial?
In January 2025, the U.S. federal court ruled that 94,643 of 119,754 BTC stolen in the 2016 Bitfinex exchange hack must be returned to the exchange, which is recognized as the sole victim of the crime. In 2022, the Department of Justice managed to take control of 94,643 of 119,754 bitcoins associated with the hack, […]
Bitfinex should receive 95k BTC seized in 2016 hack, says USG
U.S. prosecutors have requested court approval to return nearly $10 billion in Bitcoin recovered from the 2016 Bitfinex hack. According to a court filing, federal prosecutors plan to remit 80% of the 119,754 Bitcoin (BTC) recovered from the Bitfinex crypto exchange hack back to the platform. Government investigators seized 94,643 BTC from Ilya Lichtenstein, the […]
Bitfinex Derivatives receives DASP license in El Salvador
Bitfinex Derivatives has secured licensing as a Digital Asset Service Provider in El Salvador, the crypto platform’s Seychelles-based parent company has announced. The Bitfinex team noted in a blog post update and on X that its derivatives service will, following… Source link
