Justice Dept. announces $3.6B crypto seizure, 2 arrests

WASHINGTON (AP) — The Justice Department announced Tuesday its largest-ever financial seizure — more than $3.5 billion — and the arrests of a New York couple accused of conspiring to launder billions of dollars in cryptocurrency stolen from the 2016 hack of a virtual currency exchange.

Federal law enforcement officials said they recovered roughly $3.6 billon in cryptocurrency linked to the hack of Bitfinex, a virtual currency exchange whose systems were breached nearly six years ago.

Ilya "Dutch" Lichtenstein, a citizen of Russia and the United States, and his wife, Heather Morgan, were arrest...

 

Reader Comments(0)