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Bitfinex Recovers $312K and 6.917 BCH From 2016 Hack, Plans To Redistribute Stolen Bitcoin to Token Holders

Bitfinex has received $312,000 in cash and 6.917 BCH ($2,000) recovered from a 2016 theft, thanks to the United States Department of Homeland Security. The recovered funds will be distributed proportionally to owners of Recovery Right Tokens (RRT), which were issued to holders affected by the 2016 hack.

Bitfinex's Chief Technology Officer, Paolo Ardoino, expressed satisfaction with the recovery and hopes to recover more stolen bitcoin to redistribute to token holders. The U.S. government has been incrementally recovering funds related to the 2016 hack, with 94,000 BTC worth $3.6 billion being recovered in February 2022.

Bitcoin Bitcoin $94,858.36
+0.45%
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