Mike Novogratz Says the Bitfinex Hack Recovery Is Bullish for Crypto
"It's a good day for the crypto security companies," Galaxy Digital boss Mike Novogratz said after authorities recovered $3.6 billion of bitcoin.
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"It's a good day for the crypto security companies," Galaxy Digital boss Mike Novogratz said after authorities recovered $3.6 billion of bitcoin.
The US Department of Justice has managed to link the stolen bitcoins to a couple living in Manhattan and has been able to recover $3.6 billion worth of cryptocurrency from their accounts.
Less than a week after over 94,000 bitcoins linked to the 2016 Bitfinex hack were noticed in a suspicious transfer, the United States Department of Justice has announced the seizure of those bitcoins and the arrest of two individuals linked to the hack. The DOJ seized the bitcoins, currently valued at roughly US$3.6 billion, and will work with Bitfinex to return the crypto to victims of the 2016 hack.
A woman who was arrested for allegedly attempting to launder billions in stolen Bitcoin wanted to be a business influencer on TikTok.
One of the largest cryptocurrency exchanges has announced that it has been hacked, and in response, it froze user withdrawals.