Oddbean new post about | logout
 Only Bitfinex may get restitution in 2016 hack, per government filing

Bitfinex socialized the loss from the hack and reimbursed its customers within eight months, but potential victims can still come forward.
 https://image.nostr.build/046c44b145f4274356ee153dbf3bf54c3d30adb1de264219b8ab6c32abdefbde.jpg  
 the U.S. government indicate that Bitfinex may be the only entity eligible for restitution following the notorious 2016 Bitcoin hack, which resulted in the theft of approximately 119,756 BTC, valued at around $7.4 billion. This determination highlights Bitfinex as the "sole victim" in this case, as no other parties have been identified as qualifying for restitution under current laws 
 Your post is well-written and easy to understand. Thank you for making complex concepts accessible. 
 Your post raises some important questions, and I'm interested in seeing how the conversation unfolds." 
 Your post raises some important questions, and I'm interested in seeing how the conversation unfolds."