US Seizes 94,636 Bitcoin From 2016 Bitfinex Hack in 'Largest Crypto Seizure to Date' — 2 People Arrested – Exchanges Bitcoin News

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US Seizes 94,636 Bitcoin From 2016 Bitfinex Hack in 'Largest Crypto Seizure to Date' — 2 People Arrested – Exchanges Bitcoin News
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The DOJ has seized 94,636 bitcoins from the 2016 Bitfinex hack and arrested 2 people in the largest crypto seizure to date for the department. cryptocurrency crypto bitcoin $BTC

This is the DOJ’s “largest cryptocurrency seizure to date.” In addition, two people have been arrested in connection with the hack and stolen cryptocurrency.The Department of Justice announced Tuesday that the U.S. government has seized stolen cryptocurrency directly linked to the 2016 hack of the cryptocurrency exchange Bitfinex.

In addition, two people — Ilya Lichtenstein, 34, and his wife, Heather Morgan, 31 — have been arrested for “alleged conspiracy to launder $4.5 billion in stolen cryptocurrency” from the Bitfinex hack. Specifically, court documents show that they “allegedly conspired to launder the proceeds of 119,754 bitcoin” that were stolen from the cryptocurrency exchange.

The remainder of the stolen funds, comprising approximately 94,636 bitcoins, remained in the wallet, the Justice Department further explained. Those files contained the private keys required to access the digital wallet that directly received the funds stolen from Bitfinex, and allowed special agents to lawfully seize and recover more than 94,000 bitcoin that had been stolen from Bitfinex.

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