- The money was handed over by employees of the Department of Homeland Security
- Earlier, the US Department of Justice said that it confiscated most of the funds stolen as a result of a hack.
- The money received will be distributed among RRT token holders
Yesterday, June 6, Bifinex cryptocurrency exchange stated that they managed to return cash and crypto assets for a total amount of $314,000. This money was stolen in a massive hack seven years ago.
Based on the press release, these funds were returned with the assistance of the US Department of Homeland Security. This is just one part of Bitfinex’s global effort to recover the stolen property.
Recall that in 2016 the platform was hacked. At that time, the amount stolen was estimated at $ 72 million, now – at $ 3.6 billion. Last year, the US Department of Justice said that it had confiscated most of the funds, and also found several involved in the case.
Heather Morgan is one of them. She and her husband were accused of laundering $4.5 billion in BTC. Allegedly, the couple contributed to the legalization of funds received as a result of the Bitfinex hack.
Speaking of Morgan, she was even able to get a job. We wrote about this in detail in a separate article. As far as Bitfinex is concerned, this hack has become perhaps the most notorious in the industry. Netflix even decided to film it.
Note that the specified amount of $314,000 will be used to buy back RRT debt tokens. Bitfinex released them shortly after the hack as a guarantee to compensate investors for their losses.
“We are truly pleased that we were able to achieve another important victory on the way to the full return of all funds stolen as a result of that hack” – noted Bitfinex CTO Paolo Ardoino.