Behind the scenes of the Bitfinex scandal: how did a couple living an ordinary life manage to steal 119,754 Bitcoins?
October 3, 2024
0
Bitfinex, It is a platform founded in 2012 and is one of the largest cryptocurrency exchanges in the world. Bitfinex, headquartered in Hong Kong and founded by Giancarlo
Bitfinex, It is a platform founded in 2012 and is one of the largest cryptocurrency exchanges in the world.
Bitfinex, headquartered in Hong Kong and founded by Giancarlo Devasini and Raphael Nicolle, in 2016 He experienced a very unpleasant incident.
Failure to detect a security vulnerability in Bitfinex’s systems resulted in the theft of 119,754 Bitcoins from user accounts.
a hacker, noticed the vulnerability in the system before Bitfinex and he seized the opportunity without hesitation.
The total value of the stolen Bitcoins at the time was approximately $72 million. The current value is approx $7.6 billion…
The cyber attack we mentioned has not yet sparked interest in Bitcoin. In the years when it was just taking shape It was done.
For this reason, immediately after the incident, Bitcoin’s value began to drop rapidly, causing a huge shockwave among investors.
In other words, this event will not only affect investors using the Bitfinex exchange, but also investors It impressed all investors.
The person who carried out the attack sent the Bitcoins to different wallets to hide his trail after completing the transaction. He hadn’t touched it in a while.
Although he managed to deceive security experts and authorities in this way for a long time, the money was lost in the following years. start trading in small quantities changed things.
The mystery of the robbery remained unsolved for six years. However, in February 2022, a surprising development took place!
FBI tries to launder stolen Bitcoins Ilya Lichtenstein and Heather Morgan He arrested a married couple from New York.
These names have been using Bitcoins for years. through exchanges on the dark web They tried to launder the money, using false identities and programs that automate transactions.
When the FBI found passwords for wallets linked to the attack in Lichtenstein’s cloud storage account, 94,000 Bitcoins were seized.
The value of the seized funds at the time was approximately $3.6 billion, and this event was the most significant incident in the history of the United States Department of Justice. largest financial seizure It was recorded as.
The current value of these funds is exactly $5.9 billion!
Jason Root is a blockchain enthusiast and author at Div Bracket. He provides comprehensive coverage of the latest developments in the world of blockchain, offering readers a unique perspective on the industry and its potential for revolutionizing various industries.