The recovered funds will be paid out to Bitfinex users affected by the hack seven years ago.
Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Crypto exchange Bitifinex has recovered $312,000 in cash and 6.917 BCH from a 2016 theft.
Bitfinex received the assets from the United States Department of Homeland Security, which played an instrumental role in seizing the stolen digital assets and prosecuting the culprits. "We are extremely pleased to be able to reach another successful milestone in the recovery of assets stolen from Bitfinex in 2016,” Bitfinex Chief Technology Officer Paolo Ardoino said in a company statement."We look forward to recovering as much of the stolen bitcoin as we possibly can and redistributing that to holders of the tokens that were issued in response to the hack in 2016.”
The recovered funds will be paid out proportionally to owners of Recovery Right Tokens . These tokens were issued to holders affected by the 2016 hack. RRT holders can swap their tokens 1:1 with $1 of recovered funds, and 30 million RRTs remain in circulation.
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