The Return of the Bitfinex Hack: $4.5 billion in Bitcoin is Found and Seized – Crypto Critics' Corner
Today Bennett and Cas will be talking about how $3.5 billion dollars (of $4.5 billion) worth of Bitcoin stolen 6 years ago was found and seized by the US Department of Justice. We discuss Ilya Lichtenstein, Heather Reyhan Morgan, what this means for all the Bitfinex tokens, and if it's possible the funds won't be returned to Bitfinex at all. This episode was record on February 12th, 2022.
Cas Piancey and Bennett Tomlin discuss a topic they first discussed all the way back in episode 1, the Bitfinex hack, as two have been arrested for allegedly trying to launder the proceeds of this hack.
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One thought on “Episode 50 — The Return of the Bitfinex Hack: $4.5 billion in Bitcoin is Found and Seized — Crypto Critics’ Corner”
You really think the US govt will end up sending the bitcoins back to tether? I’m no legal expert, but from what one knows or can reasonably infer regarding tether’s undercapitalized, aka unbacked, situation, would it be worth it or even possible for them to subject themselves to a legal process to get the coins back?
Crooks like to rob other crooks because they can’t really just go to the cops… I bet Morgan has a rap about this.
I have to think it’s at least 50/50 whether bitfinex gets this back. Couldn’t there be an investigation into them that would preclude returning the funds/ give the govt a solid case for keeping them?
I wouldn’t touch that leo coin even if it were on a “legit” VCE.