Saturday, February 4, 2023
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
BitScoop
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • ANALYSIS
  • REGULATIONS
  • SCAM ALERT
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • ANALYSIS
  • REGULATIONS
  • SCAM ALERT
CRYPTO MARKETCAP
BitScoop
No Result
View All Result
Home Scam Alert

US arrests two for Bitfinex hack, seizes $3.6B value of BTC

by BitScoop
June 8, 2022
in Scam Alert
Reading Time: 2 mins read
A A
0
Share on FacebookShare on Twitter


Bitfinex misplaced 119,754 bitcoins within the August 2016 hack

The US Justice Division introduced on Tuesday that its regulation enforcement brokers had seized Bitcoin value over $3.6 billion, linked to the 2016 hack on Bitfinex.

Regulation enforcement brokers had additionally arrested two folks in connection to the assault, the DOJ added in a press release.

Ilya Lichtenstein, 34, and his spouse Heather Morgan, 31, had been arrested in New York on Tuesday morning and had been scheduled to seem in court docket later within the afternoon.

The couple allegedly stole 119,754 BTC throughout the hack and laundered round 25,000 bitcoins from the loot between 2016 and 2022.

In keeping with the Justice Division, investigators following the cash path zeroed in on the couple on 31 January after meticulously combing by 1000’s of addresses suspect to be linked to the hack.

Early this month, the brokers seized over 94,000 bitcoin valued at round $3.6 billion on the time.

Lichtenstein and Morgan face expenses of conspiracy to launder the seized BTC, whose worth 5 years in the past was about $71 million. With the regular surge in Bitcoin’s worth, that worth has skyrocketed into billions.

The couple additionally faces expenses of attempting to defraud the US authorities.

Bitfinex has stated it labored with DOJ brokers within the pursuit of the stolen cryptocurrency and hopes that the federal government will return the funds.

In a assertion revealed Tuesday after the information of the arrest and seizure, Bitfinex stated it’s its “proper” to obtain the BTC. It plans to launch an 18-month timeline if it receives the crypto belongings, with a program to repurchase and burn UNUS SED LEO tokens.

In keeping with the trade, 80% of all of the returned BTC can be used to finish the repurchase.



Source link

Related articles

UK home to hundreds of companies running crypto, forex scams

January 31, 2023

UK regulator is investigating a charity linked to FTX

January 30, 2023
Tags: 36Baltcoinsarrestsbitcoin pricebitcoin updatesBitfinexbitscoopBTCcrypto newscrypto updateshacklatest bitcoin newsseizesworth
Share76Tweet47
Previous Post

QiDAO halts its bridge after struggling a $13 million exploit

Next Post

Crypto ransomware has grown and so has its function in geopolitical conflicts: Chainalysis

Related Posts

UK home to hundreds of companies running crypto, forex scams

by BitScoop
January 31, 2023
0

The Bureau of Investigative Journalism (TBIJ) has identified 168 companies accused of running crypto or fraudulent foreign exchange trading scams...

UK regulator is investigating a charity linked to FTX

by BitScoop
January 30, 2023
0

UK’s Charity Commission says it opened the investigation into Effective Ventures Foundation on 19 December. FTX collapsed in November and...

DOJ seeks Bankman-Fried ban for alleged witness influence

by BitScoop
January 28, 2023
0

US prosecutors argue that Sam Bankman-Fried tried to influence Ryne Miller, the General Counsel of FTX US. The former FTX...

Robinhood confirms Twitter hack that promoted fraudulent crypto token

by BitScoop
January 25, 2023
0

Robinhood confirmed that several of its social media accounts were breached earlier today in a statement emailed to CryptoSlate on...

Crypto ransomware payments fall 40% in 2022

by BitScoop
January 20, 2023
0

Funds collected by ransomware attacks fell to $456.8 million in 2022 from a high of $765.6 million in 2021, according...

Load More
Next Post

Crypto ransomware has grown and so has its function in geopolitical conflicts: Chainalysis

UK authorities confiscate three NFTs in connection to a tax fraud case

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest

Celsius Floats Possibility of Debt Token to Repay Creditors; Secures Court Approval to Process Customer Withdrawals – Bitcoin News

January 25, 2023

Romania Carries Out Raids as Part of Crypto Tax Evasion Probe – Taxes Bitcoin News

January 8, 2023

Poland’s Consumer Protection Agency Opens Case Against Cryptocurrency Exchange – Exchanges Bitcoin News

January 15, 2023

Neobank N26 Exapnds Crypto Trading to 5 New Countries

January 17, 2023

Questions about ERC20 Tokens

January 22, 2023

NFT Collector Who Fell To A Phishing Scam Takes OpenSea To Court

January 29, 2023

ETH Remains Near $1,700 to Start the Weekend  – Market Updates Bitcoin News

February 4, 2023

Undercity is the Latest Gaming Sensation – What you Need to Know About the Hybrid Metaverse

February 4, 2023

Russia’s Biggest Bank Set To Launch Its DeFi Platform By May

February 4, 2023

Indonesia To Launch National Crypto Exchange By June 2023

February 4, 2023

Mastering Discipline: The Key to Success in Trading | by BSuccessful | The Capital | Feb, 2023

February 4, 2023

Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis – Featured Bitcoin News

February 4, 2023
Facebook Twitter LinkedIn Tumblr
BitScoop

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Bitscoop

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Bitscoop.
Bitscoop is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • ANALYSIS
  • REGULATIONS
  • SCAM ALERT

Copyright © 2022 - Bitscoop.
Bitscoop is not responsible for the content of external sites.