Bitfinex-hack bitcoin sent to Coinbase Prime is for restitution, not sale

cryptocrypto-hacksbusinesslaw 1 posts · 1 accounts

The U.S. moved about $606,000 in Bitcoin tied to the 2016 Bitfinex hack to Coinbase Prime as court proceedings require the coins to be returned to Bitfinex rather than sold.

From the sources (1 posts)

@coindesk

NEW: The U.S. government moves $606,000 in $BTC tied to the 2016 Bitfinex hack to @Coinbase Prime, as court proceedings require the coins to be returned to Bitfinex rather than sold.

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