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 […]

WazirX hack victims to receive aid from new CoinSwitch fund

CoinSwitch has announced a $70 million recovery program, “CoinSwitch Cares,” aimed at helping WazirX users recover losses from a July 2024 cyberattack. The two-year initiative, seeks to restore confidence in India’s crypto ecosystem by providing financial relief to affected individuals. Announcing #CoinSwitchCares – a ₹600 Crore recovery fund for WazirX users. CoinSwitch Cares is a […]