CryptoSlate - A US government filing suggests Bitfinex is the sole entity eligible for restitution from the 2016 hack, urging user vigilance as the potential return of billions in recovered assets may impact cryptocurrency markets

https://cryptoslate.com/bitfinex-deemed-sole-victim-eligible-for-recovery-of-7-4-billion-bitcoin-hack/
Screenshot_20241013-122949_Brave.jpg

The recent US government filing positions Bitfinex as the sole entity eligible for restitution following the 2016 hack, as it has already compensated affected customers.

Users should remain vigilant about market fluctuations, as Bitfinex's potential recovery of significant assets may impact the value of Bitcoin and related tokens.

Traders may experience volatility, as the return of seized assets worth billions could influence cryptocurrency prices and Bitfinex's future actions regarding token holders.

Screenshot_20211106-080453_DesignEvo.jpg

Sort:  

Upvoted! Thank you for supporting witness @jswit.

Coin Marketplace

STEEM 0.16
TRX 0.16
JST 0.028
BTC 70213.83
ETH 2453.22
USDT 1.00
SBD 2.38