View full page at cryptocraft.com

 

US DOJ says it has seized over $3.6B in cryptocurrency tied to Bitfinex hack

^ Added at
^ Added at
^ Added at

Two Arrested for Alleged Conspiracy to Launder $4.5 Billion in Stolen Cryptocurrency

From justice.gov

Two individuals were arrested this morning in Manhattan for an alleged conspiracy to launder cryptocurrency that was stolen during the 2016 hack of Bitfinex, a virtual currency exchange, presently valued at approximately $4.5 billion. Thus far, law enforcement has seized over $3.6 billion in cryptocurrency linked to that hack. “Today’s arrests, and the department’s largest financial seizure ever, show that cryptocurrency is not a safe haven for criminals,” said Deputy Attorney General Lisa O. Monaco. “In a futile effort to maintain digital anonymity, the defendants laundered stolen funds through a labyrinth of ... (full story)

Story Stats

  • Posted:
  • Category: Low Impact Breaking News