Justice Department Says It Seized $3.6 Billion Worth of Bitcoin Stolen in 2016 Hack

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Justice Department Says It Seized $3.6 Billion Worth of Bitcoin Stolen in 2016 Hack
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The Justice Department says it seized $3.6 billion stolen in a 2016 cryptocurrency exchange hack, marking its largest-ever financial seizure

The value of the bitcoin at the time it was seized last week marks the department’s largest-ever financial seizure

While the SEC hasn’t announced major actions against big crypto exchanges, the commission has threatened to sue companies offering crypto lending. WSJ’s Dion Rabouin explains why this one part of the crypto market has drawn such a strong reaction. Photo: Mark Lennihan/Associated Press

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