Friday , February 3 2023
Home / Tag Archives: Bitfinex

Tag Archives: Bitfinex

Bitfinex Hack Victims Are Still Waiting to Get Their Funds Back

Earlier in the year, the Justice Department announced it had seized billions in crypto funds from a heist that occurred in 2016. Many customers of Bitfinex had their money stolen during that heist, and they learned that approximately $70 million of the recovered funds were likely theirs. Funds Stolen from Bitfinex Have Not Yet Been Returned One such victim – Frankie Cavazos – said he lost about 15 BTC units from the 2016 attack. Upon hearing that his money had been...

Read More »

Roche Freedman Removed From Bitfinex, Tether Class Action Lawsuit (Report)

Roche Freedman, the law firm behind several legal actions against crypto companies, was removed from representing the plaintiffs in the infamous lawsuit that accused crypto exchange Bitfinex and its sister company Tether of market manipulation. Filed in 2019, the lawsuit against the two companies seeks total damages up to more than $1 trillion. Roche Freedman Out of the Picture According to a Bloomberg report, a United States district judge for the Southern District of New...

Read More »

Bitfinex Is Sending More Bitcoin to El Salvador

Popular cryptocurrency exchange Bitfinex has announced it will be donating approximately 36 bitcoin units as well as $600,000 in Tether funds to the Central American nation of El Salvador. The company says this is all part of its ongoing efforts to support the nation. El Salvador Is Getting BTC from Bitfinex El Salvador has long been a bitcoin-loving nation. The country was the first to declare bitcoin legal tender in September of last year, claiming it was doing so to...

Read More »

Bitfinex and Tether Donate 25 BTC to Aid El Salvadoran Families Hit by Gang Violence

Cryptocurrency exchange Bitfinex, in collaboration with USDT issuer Tether, recently launched a digital asset fund and donated over $1 million in bitcoin to assist families in El Salvador affected by the ongoing gang violence in the country. Crypto Relief Fund Initiative is Bootstrapped With 25 BTC Bitfinex chief technology officer (CTO) Paolo Ardoino revealed that the company teamed up with Tether to support El Salvadoran families who have been hit by the violence...

Read More »

Geld verdienen mit Bitcoin #1: Bitfinex Staking-Programm

Geld verdienen mit Bitcoin #1: Passives Einkommen Mit einem Gründungsjahr von 2012 zählt Bitfinex weltweit zu den ältesten und wichtigsten Kryptowährungsbörsen. Dank der langjährigen Erfahrung, konnte sie ihre starke Marktposition über die Jahre kontinuierlich ausbauen. Nach regelmäßigen Kursanstiegen in der letzten Zeit, ruft sie sich nun durch die Einführung eines eigenen Staking Reward Programms ins Leben. Dabei erhalten Kunden, die aktuell vier...

Read More »

Couple Arrested for Role in 2016 Bitfinex Crypto Hack

The Justice Department has arrested a couple in New York for their alleged participation in a crypto scam that occurred roughly six years ago. Ilya Lichtenstein – age 34 – and his wife Heather Morgan, age 31, have been charged with laundering funds garnered through a massive $3.6 billion cryptocurrency hack that targeted popular digital currency exchange Bitfinex in 2016. The Crypto Space Still Sees Its Fair Share of Hacks Cryptocurrency hacks and thievery in the world...

Read More »

The 120,000 Bitcoin Bitfinex Heist to be Turned into a Netflix Documentary

The world of cryptocurrencies, especially in its earlier years, had a reputation of being the playing ground of hackers and various malicious entities. And while this has changed to a huge degree in the past few years and the field received massive recognition and regulatory clarity, the ghosts of its past remain. One of the most infamous Bitcoin hacks took place back in 2016 when someone stole roughly 120,000 BTC from one of the largest cryptocurrency exchanges – Bitfinex....

Read More »

Justice Department Recovers Bitfinex Hack Funds In Largest Ever Financial Seizure

The FBI has arrested a husband and wife in Manhattan for allegedly conspiring to launder swaths of Bitcoin connected to the 2016 Bitfinex exchange hack. According to Reuters, over $3.6 billion worth of the asset has already been recovered by law enforcement. The couple allegedly responsible is Ilya Lichtenstein (34) and Heather Morgan (31). They are accused of conspiring to launder 119,754 Bitcoin after an attacker stole them through over 20,000 unauthorized transactions at...

Read More »

Over 60,000 BTC Worth $2.4B Stolen in the 2016 Bitfinex Hack Just Moved

A large chunk of the bitcoins stolen from the infamous 2016 Bitfinex hack was moved by the hackers to an unknown wallet earlier today. Bitfinex 2016 Hacked Funds on the Move According to data from the live cryptocurrency transactions monitor Whale Alert, the hackers have moved over 64,000 BTC in 21 separate transactions. The first transfer was of 1 BTC, worth $38,750 at the time, perhaps as a test transaction. The hackers then made subsequent transfers of varying amounts. The...

Read More »

El Salvador to Build a Bitcoin City: Will Buy $500M More BTC

Just months after adopting BTC as legal tender, the small Central American country plans to create a Bitcoin City with the help of Blockstream and Bitfinex. Separately, the country said it will buy $500 million more of BTC. Bitcoin City in El Salvador The country made the news earlier this year by indicating that it will vote to accept the primary cryptocurrency as legal tender. Despite enhanced backlash from global organizations like the IMF, El Salvador’s authorities...

Read More »