Good news for some Bitfinex users.
The Bitfinex platform was hacked in 2016 and caused the loss of more than 120,000 BTC, which is worth 72 million dollars.
According to a recent report, the platform, in cooperation with the US government, recovered a small portion of that amount, estimated at 27.7BTC "does not seem big," which will be transferred in cash to accounts of 5,000 customers who were affected by that hacks.
The Bitfinex platform was hacked in 2016 and caused the loss of more than 120,000 BTC, which is worth 72 million dollars.
According to a recent report, the platform, in cooperation with the US government, recovered a small portion of that amount, estimated at 27.7BTC "does not seem big," which will be transferred in cash to accounts of 5,000 customers who were affected by that hacks.
The Chief Financial Officer at Bitfinex, Giancarlo Devasini said that:
“Over two years following the hack of the Bitfinex platform, today we see the results of a clear and robust response strategy and the efforts of the U.S. government. It gives us great pleasure to be able to reimburse the traders that were loyal to us and believed in us at a very difficult time. We would like to thank U.S. federal law enforcement agencies for their ongoing efforts to investigate the security breach and their commitment to seizing and returning stolen assets.”
“Over two years following the hack of the Bitfinex platform, today we see the results of a clear and robust response strategy and the efforts of the U.S. government. It gives us great pleasure to be able to reimburse the traders that were loyal to us and believed in us at a very difficult time. We would like to thank U.S. federal law enforcement agencies for their ongoing efforts to investigate the security breach and their commitment to seizing and returning stolen assets.”
At least it’s way better than nothing at all. Good thing that with the help of the US government, they’re able to recover that amount and affected users would become happier with this progress.
Crypto exchanges are vulnerable to hacking nowadays, as security measures needs to be tightened. Exchanges such as Trade.io, Coincheck, Etherdelta and the others are some who have been victimized by the professional hackers.
As long these exchanges have countermeasures and added security, it’s good enough to protect us from hackers. Just my two sats.
