Numlock News: February 9, 2022 • Wasabi, Lidar, Idaho
www.numlock.com
By Walt Hickey Bad Fences The U.S. Department of Justice has arrested two people and seized $3.6 billion worth of bitcoin they allege was stolen in a 2016 hack of the Bitfinex currency exchange, the single largest financial seizure ever. The feds say that a New York couple conspired to launder the 119,754 bitcoins, which at the time of theft was estimated to be worth $71 million, and whose total value rose to $4.5 billion. The two arrested aren’t accused of doing the hacking, just attempting to shuffle it around and launder it in a crypto ecosystem where every single transaction is directly posted to an immortal public ledger.
Numlock News: February 9, 2022 • Wasabi, Lidar, Idaho
Numlock News: February 9, 2022 • Wasabi…
Numlock News: February 9, 2022 • Wasabi, Lidar, Idaho
By Walt Hickey Bad Fences The U.S. Department of Justice has arrested two people and seized $3.6 billion worth of bitcoin they allege was stolen in a 2016 hack of the Bitfinex currency exchange, the single largest financial seizure ever. The feds say that a New York couple conspired to launder the 119,754 bitcoins, which at the time of theft was estimated to be worth $71 million, and whose total value rose to $4.5 billion. The two arrested aren’t accused of doing the hacking, just attempting to shuffle it around and launder it in a crypto ecosystem where every single transaction is directly posted to an immortal public ledger.