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US Officials Seize $3.6B in Bitcoin From 2016 Bitfinex Hack W | DuRtY Crypto Announcements

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

WASHINGTON, Feb 8 (Reuters) - The U.S. Justice Department said on Tuesday it has unraveled its biggest-ever cryptocurrency theft, seizing a record-shattering $3.6 billion in Bitcoin tied to the 2016 hack of digital currency exchange Bitfinex.

A husband-and-wife team of alleged money launderers was arrested in Manhattan on Tuesday morning, it added.

The pair is accused of conspiring to launder 119,754 bitcoin stolen after a hacker broke into Bitfinex and initiated more than 2,000 unauthorized transactions. Justice Department officials said the transactions at the time were valued at $71 million in Bitcoin, but with the rise in the currency's value, it is now valued at over $4.5 billion.

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