Bitfinex socialized the loss from the hack and reimbursed its customers within eight months, but potential victims can still come forward. Bitfinex might qualify for restitution for the 2016 hack of ...

Forbes contributors publish independent expert analyses and insights. I write about banking, finance and economics. The schadenfreude of Bitcoin enthusiasts over Ethereum’s recent troubles ended ...

The White House defended the release of Ilya Lichtenstein, who stole over 119,000 Bitcoin in 2016, from prison to home ...

Ilya Lichtenstein, convicted for the 2016 Bitfinex hack, has been released early from prison to home confinement ...

Nearly two weeks after losing more than $60m in customer funds, Bitfinex reports it has not yet identified how the theft was carried out. In a statement released earlier today, the exchange reported ...

Bitfinex suffered from a massive security breach and theft in August 2016 The digital asset trading platform lost 119,756 Bitcoin worth $72 million at the time and has a value of roughly $3.7 billion ...

Two Israeli brothers have been arrested for their suspected involvement in the 2016 Bitfinex hack -- when hackers stole nearly 120,000 bitcoins from the exchange, worth $64 million at the time, and ...

While the hacker will find selling their BTC difficult, the transfers may be contributing to a volatile day in the markets. A tranche of long-dormant Bitcoin seized in the 2016 hack of the Bitfinex ...

Following the major hack of Bitfinex in 2016, US law enforcement has recovered 27.7 stolen Bitcoins and returned them to the cryptocurrency exchange. The returned funds, which will be distributed ...