Via July 6th announcementCryptocurrency exchange Bitfinex announced that it received $312,219.71 in cash and $6.917 in Bitcoin Cash (BCH) from the US Department of Homeland Security (DHS). The seizure was carried out in cooperation with US Customs and Border Protection. According to Bitfinex staff:
“This is part of Bitfinex’s ongoing efforts to work with law enforcement and other investigative agencies to recover assets stolen from the exchange in August 2016. , continues to move forward with the prosecution of individuals involved in the Bitfinex security breach and the seizure of related funds, along with the theft. ”
This asset will be returned to victims of the 2016 Bitfinex hack on a daily basis. Shortly after the security breach, Bitfinex issued Recovery Right Tokens (RRTs) with a face value of $1. There are currently 30 million RRTs in circulation. After the RRT is redeemed on the recovered assets, the remainder will be paid out to token holders of Bitfinex’s native token, Unus Sed Leo (Leo).
In 2016, Bitfinex suffered a security breach that resulted in the disappearance of 119,576 Bitcoins (BTC) of its customers, worth about $70 million then and about $3.7 billion today. On February 8, 2022, the U.S. Department of Justice arrested two people, Ilya Lichtenstein and his wife Heather Morgan, on suspicion of conspiring to launder cryptocurrencies related to hacking. The special agents were then able to seize over 94,000 bits stolen from Morgan and Lichtenstein because the search warrant granted them access to files containing private keys to wallets owned by Morgan and Lichtenstein. rice field. Fund collection efforts are still ongoing.
Magazine: Reports on Crypto Exchange Hacks 2011-2020