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The Bitfinex cryptocurrency exchange was hacked in August 2016. [1] 119,756 bitcoins, worth about US$72 million at the time, was stolen.[1]In February 2022, the US government recovered and seized a portion of the stolen bitcoin, then worth US$3.6 billion, [2] by decrypting a file owned by Ilya Lichtenstein (born 1989) that contained addresses and private keys associated with the stolen funds. [3]
A major bitcoin exchange, Bitfinex, was compromised by the 2016 Bitfinex hack, when nearly 120,000 bitcoins (around US$71 million) were stolen in 2016. [61] Bitfinex was forced to suspend its trading. The theft was the second-largest bitcoin heist ever, dwarfed only by the Mt. Gox theft in 2014.
Security researchers have cracked a password to recover over $3 million of bitcoin that had been stuck in a crypto wallet for 11 ... was hired to hack into an encrypted file holding 43.6 BTC ...
On November 9, 2021, a raid on his Gainesville, Georgia, home resulted in the seizure of about 50,676 bitcoin, then valued at over $3.36 billion. [8] Zhong cooperated with investigators, forfeited all of his bitcoin and pled guilty to one count of wire fraud. [9] In April 2023, Zhong was sentenced to a year and a day in prison. [1]
WASHINGTON (Reuters) -A 25-year-old Alabama man was arrested on Thursday for hacking the U.S. Securities and Exchange Commission's X account this year as part of an alleged conspiracy to ...
Mt. Gox was a bitcoin exchange based in Shibuya, Tokyo, Japan. [1] Launched in 2010, it was handling over 70% of all bitcoin transactions worldwide by early 2014, when it abruptly ceased operations amid revelations of its involvement in the loss/theft of hundreds of thousands of bitcoin, then worth hundreds of millions in US dollars.
Money managers got the green light Wednesday to launch 11 spot bitcoin ETFs roughly 24 hours after a fake social media post triggered chaos in the crypto world.
Clark is widely regarded as the "mastermind" of the 2020 Twitter account hijacking, [4] [5] an event in which Clark worked with Mason Sheppard and Nima Fazeli to compromise 130 high-profile Twitter accounts to push a cryptocurrency scam involving bitcoin along with seizing "OG" (short for original) usernames to sell on OGUsers.