2 links tagged with all of: cryptocurrency + hack + bitfinex
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The article discusses the U.S. government's seizure of $3.6 billion from the 2016 Bitfinex hack. It highlights the uncertain timeline for regaining these funds, the potential for gradual sales impacting Bitcoin, and the positive press from recovering stolen assets.
Ilya Lichtenstein, convicted for his role in the 2016 Bitfinex hack, announced his early release from prison, citing the First Step Act. He and his wife, Heather Morgan, pleaded guilty in 2023 after stealing over 119,000 bitcoin from the exchange. Lichtenstein is currently on home confinement.