US government says funds from 2016 hack should return to Bitfinex
Due to a prior reimbursement plan from Bitfinex, many victims of the 2016 hack do not legally qualify as victims eligible for reimbursement.
Attorneys for the US government recently submitted a motion requesting that the Bitcoin (BTC) forfeited as a result of the 2016 Bitfinex hack should be returned to the cryptocurrency exchange.
The Jan. 14 legal filing stipulated the return of approximately 94,643 BTC and unspecified amounts of Bitcoin Cash (BCH), Bitcoin Satoshi Vision (BSV) and Bitcoin Gold (BTG) generated through hard forks back to the exchange on an in-kind basis.
Ilya Lichtenstein and his wife Heather Morgan, aka Razzlekhan, were both arrested in 2022 and later convicted for the 2016 hack of the Bitfinex exchange, which resulted in the theft of 119,754 BTC.
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Author: Vince Quill
