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

Husband and Wife Arrested in NYC in $ 4.5 Billion Scheme – NBC New York

A husband-and-wife duo were arrested in Manhattan Tuesday morning, charged with an alleged conspiracy to launder $ 4.5 billion worth of cryptocurrency stolen in the 2016 hack of currency exchange Bitfinex. Ilya Lichtenstein, 34, and his wife, Heather Morgan, 31, both of Manhattan, are due in court Tuesday afternoon. Federal prosecutors allege they conspired to … Read more

Erroneous quotes today turned cryptocurrency investors into “quadrillionaires” on paper. This is how the crypto community reacted.

Bitcoin has hit more than a few millionaires in recent years as its value has risen since its inception more than a decade ago, but an apparent display problem made investors significantly richer — at least on paper — for a time Tuesday. Crypto sites including the digital asset exchange Coinbase Global COIN, +1.79% and … Read more