The post US Government Seeks to Return Stolen Bitcoin from 2016 Bitfinex Hack appeared first on Coinpedia Fintech News
In a latest development, as per a court document filed this week, the U.S. government noted that over 94,000 bitcoin stolen in the 2016 hack of Bitfinex by Ilya Lichtenstein and Heather Morgan should go back to the exchange. The Officials noted that the 120,000 BTC that was seized in relation to the 2016 Bitfinex hack should be returned as “in-kind restitution.”
As expected
*GOVT SAYS SEIZED BITCOIN FROM 2016 BITFINEX HACK SHOULD BE RETURNED IN-KIND
Do they just ask Paolo for the addy? https://t.co/8iwx6J1XR6 pic.twitter.com/ndNd1UrdWG
— db (@tier10k) January 15, 2025
“For the foregoing reasons, there is no ‘victim’ for the specific offenses of conviction in this proceeding,” the government noted in a filing posted on Tuesday to the U.S. District for the District of Columbia.
“However, the Court has the authority to order voluntary res
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