Bitfinex Hackers Caught The DOJ has seized 120,000 Bitcoins stolen in the 2016 Bitfinex hack, a New York City couple is responsible for the crime.
Bitfinex offered a reward up to $400 million for the return of the stolen Bitcoin.
Moreover, Ilya “Dutch” Lichtenstein, 34, and his wife, Heather Rhiannon Morgan, 31, are accused of helping to “wash” 119,754 Bitcoin pilfered from Bitfinex.
In addition, the US now holds billions of dollars worth of Bitcoin on its balance sheet.
“Today’s arrests, and the department’s largest financial seizure ever, show that cryptocurrency is not a safe haven for criminals.” Deputy Attorney General Lisa O. Monaco said in a statement. “In a futile effort to maintain digital anonymity. The defendants laundered stolen funds through a labyrinth of cryptocurrency transactions. Thanks to the meticulous work of law enforcement. The department once again showed how it can and will follow the money, no matter what form it takes.”
Furthermore, “Criminals always leave tracks, and today’s case is a reminder that the FBI has the tools to follow the digital trail, wherever it may lead.” According to FBI Deputy Director Paul M. Abbate.
In conclusion, Crypto, cyber-crime, and the even greater expectations of effective compliance in an ESG world. Lastly, this is certainly not your grandparents’ – wait, not your parents’ compliance world anymore.
