How Law Enforcement Seized 94,000 Bitcoin Stolen From Bitfinex Today

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The U.S. Department of Justice (DOJ) announced in a February 2022 statement that it had successfully seized the majority of the bitcoin drained in a 2016 hack of the cryptocurrency exchange Bitifinex after gaining control of the wallet supposedly containing the stolen funds.

Despite the apparent unlikelihood of retaking long-gone funds, a complex but deterministic trail of evidence allowed law enforcement to catch Ilya Lichtenstein and Heather Morgan, a couple that was allegedly trying to obfuscate the illegal origins of the bitcoin they had been leveraging to flex shiny lifestyles through a complex money laundering scheme.