DOJ Recommends Returning $9 Billion in Bitcoin to Bitfinex
- Hackers stole nearly 120,000 Bitcoin from Bitfinex in 2016, now valued at approximately $12 billion.
- The U.S. government has recovered over $9 billion worth of the stolen Bitcoin.
- Ilya Lichtenstein was sentenced to 60 months for money laundering related to the theft.
- Heather Morgan received an 18-month sentence for her role in laundering the funds.
- A total of 94,643 Bitcoin, valued at $9.3 billion today, will be returned to Bitfinex.
The Department of Justice has recommended that over $9 billion worth of recovered Bitcoin from a 2016 hack be returned to crypto exchange Bitfinex. The hack involved nearly 120,000 Bitcoin, and significant amounts have been retrieved and are slated for return.
