Justice Department Says It Seized $ 3.6 Billion Worth of Bitcoin Stolen in 2016 Hack

WASHINGTON — The Justice Department said Tuesday it seized over $ 3.6 billion worth of digital currency stolen during a hack of a cryptocurrency exchange and arrested two suspects for allegedly trying to launder the proceeds. The value of the cryptocurrency at the time it was seized last week marks the largest financial seizure ever … Read more

Oil industry investigates damage after Hurricane Ida ravages Louisiana

Power companies assessed the health of refineries, pipelines, petrochemical plants and offshore oil platforms along the central Gulf of Mexico on Monday, the day after Ida struck Louisiana as a powerful Category 4 hurricane. Widespread flooding and blackouts affecting more than a million customers statewide could cause gasoline producers to scramble along the banks of … Read more

Hacker Returns Stolen Cryptocurrency in Heist Reversal

The hacker or hackers who looted more than $600 million worth of cryptocurrency assets from a decentralized funding platform returned almost all of the funds on Friday, which was a surprising conclusion to a heist that rocked the crypto industry. According to an emailed statement from the company, the assets were moved back to blockchain … Read more