hack

The U.S. government moves $606,000 in bitcoin linked to the 2016 Bitfinex hack to Coinbase

The U.S. government is active on the blockchain again, moving approximately $606,000 worth of bitcoin BTC$74,813.14 to Coinbase Prime. These are not just any coins. On-chain data suggests the transferred 8 BTC are linked to Ilya Lichtenstein, the man behind the decade-old hack of the… Read More

Ilya Lichtenstein credits Trump’s First Step Act for early release in Bitfinex hack case

3 months ago by Crypto InsightsCrypto

Ilya Lichtenstein, who was sentenced to five years in prison in November 2024 after pleading guilty to charges tied to the 2016 Bitfinex cryptocurrency exchange hack, was released from prison after just 14 months behind bars. “Thanks to President [Donald] Trump’s First Step Act, I… Read More