🚨 $20M Stolen from US Government Crypto Wallet Linked to Bitfinex Hack 🚨
On October 24, a major cyberattack shook the crypto space! A wallet—believed to be controlled by the US government—was compromised. The wallet held seized assets from the infamous 2016 Bitfinex hack, and hackers made off with $20 million worth of crypto! 👀
According to Arkham Intelligence, the attacker’s wallet now holds about $13 million in assets. These included USDC, USDT, aUSDC, and ETH—which were quickly converted to Ether and moved to addresses tied to money laundering services.
The original Bitfinex hack, orchestrated by Ilya Lichtenstein and Heather Morgan, saw 120,000 BTC stolen—now worth a staggering $8.2 billion. Both were arrested in 2022, and in July 2023, the couple pleaded guilty to money laundering and fraud charges.
⚖️ With their sentencing approaching in November 2023, prosecutors have recommended an 18-month sentence for Morgan (for cooperating) and five years for Lichtenstein—far lighter than the original 20 years!
How will this heist unfold? Will the stolen ETH be recovered, or is it already gone? Stay tuned—crypto’s never short on drama! 💥
#CryptoNewss #Debate2024 #CyberSecurity #blockchaintechnolo #Write2Earn!
