Jan 15, 05:24 PM

U.S. Court Orders Return of 94,643 Bitcoin Worth $9.3 Billion to Bitfinex from 2016 Hack by January 28

A U.S. federal court has ordered the return of 94,643 Bitcoin, valued at approximately $9.3 billion, to the cryptocurrency exchange Bitfinex. This restitution stems from the 2016 hack in which a total of 119,754 Bitcoin was stolen. The U.S. Department of Justice (DOJ) confirmed that the Bitcoin will be returned in kind rather than converted to cash. The court's decision allows third parties, including customers, to file claims by January 28. The DOJ's action follows a plea agreement related to the case and addresses the recovery of nearly 95,000 Bitcoin that was seized from hacker Ilya Lichtenstein. Prosecutors indicated that there are no identified victims of the theft, which has led to the decision to return the funds directly to Bitfinex.

#Bitcoin #Bitfinex #DOJ #Ilya Lichtenstein

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