Bitfinex

Judge Stays Release of Couple Suspected for Laundering $4.5B in BTC From 2016 Bitfinex Hack

A federal judge has halted the release of Ilya Lichtenstein and Heather Morgan, two individuals suspected of conspiring to launder $4.5 billion from the 2016 hack of crypto exchange Bitfinex. This comes as U.S. officials seized 94,000 BTC, worth over $3.6 billion tied to the hack. CoinDesk's Nikhilesh De discusses the latest in the Department of Justice's largest financial seizure ever.

Feb 9, 2022

Policy

Crypto Analytics Tools 'Wave of the Future, Dude,' Judge Quotes Cult Film in $3.6B Bitcoin Seizure Case

A newly unsealed federal court opinion emphasized the role blockchain analytics played in helping law enforcement agents find and confiscate 94,000 bitcoins stolen from Bitfinex.

By Danny NelsonFeb 9, 2022

Meade and Prettyman Federal Courthouses (AgnosticPreachersKid/Wikimedia Commons)

Policy

Judge Stops Release of Bitfinex Hack Laundering Suspects

Ilya Lichtenstein and Heather Morgan were arrested Tuesday on allegations they conspired to launder bitcoin from the 2016 hack.

By Cheyenne Ligon, Eli TanFeb 8, 2022

Southern District of New York courthouse (Michael Nagle/Bloomberg via Getty Images)

Markets

First Mover Asia: Crypto Prices Finish Largely in the Red

Bitcoin fell early on but had recovered by the end of the U.S. trading day; ether drops slightly.

By Muyao Shen, Damanick DantesFeb 8, 2022

Most major cryptocurrencies were in the red. (Paolo Bruno/Getty Images)

Markets

Market Wrap: Cryptocurrencies Pull Back in Light Trading

"We aren't out of the woods yet," one analyst said; meanwhile, ETH is starting to underperform BTC.

By Damanick Dantes, Angelique ChenFeb 8, 2022

Videos

US Officials Seize $3.6B in Bitcoin From 2016 Bitfinex Hack

Federal officials seized some $3.6 billion worth of bitcoin tied to the 2016 hack of the crypto exchange Bitfinex, also arresting two individuals tied to the case who appeared in court Tuesday.

Feb 8, 2022