Crypto Exchange Bitfinex has announced that it has recovered some of the stolen assets from the 2016 Bitcoin hack but stated that a considerable number of assets are still yet to be recovered.
The exchange stated in a press release that it had received the assets in question from the United States Department of Homeland Security.
Tip Of The Iceberg
According to the announcement, the exchange revealed that it had managed to recover $312,219 in cash and 6.9 in Bitcoin Cash (BCH) worth around $1951 at today’s prices. The assets, stolen during the 2016 hack, were returned by the United States Department of Homeland Security. US authorities seized control of the funds in 2022 after arresting two individuals in connection with the Bitfinex hack. The exchange has been working with authorities to recover the assets stolen during the hack and return them to customers.
Bitfinex stated in its blog post that the United States government was continuing to make progress in prosecuting the
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