TechFlow news — The U.S. Department of Justice announced on the morning of the 8th, local time, that it has arrested two suspects on charges of conspiring to launder cryptocurrency stolen during the 2016 hack of cryptocurrency exchange Bitfinex, currently valued at approximately $4.5 billion. To date, law enforcement has seized around 94,000 BTC linked to the hack, worth over $4 billion, marking the largest financial seizure in the department's history. Bitfinex stated it will cooperate with the DOJ and follow proper legal procedures to establish the right to recover the stolen bitcoins. According to the previous LEO whitepaper, if Bitfinex recovers any of the stolen bitcoins, it will use 80% of the net recovered funds to repurchase and burn LEO Tokens within 18 months of recovery. (Coindesk)
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
