tl;dr
The US government has identified Bitfinex as the "sole victim" eligible for restitution following the 2016 hack. The government has recovered billions of dollars from the hack but has yet to distribute the funds due to a surge of private claimants. Bitfinex users who were defrauded are encouraged to...
The US government has designated Bitfinex as the "sole victim" eligible for restitution following the 2016 hack. While billions have been recovered from the hack, the allocation of funds has been delayed due to a surge of private claimants.
Bitfinex users who were defrauded are encouraged to file claims with the exchange, as the government will only make recovery payouts to Bitfinex, and all private claims should go through the exchange.
In a District Court filing, the US government identified Bitfinex as the “sole victim” eligible for restitution. The government has recovered billions of dollars from the hack, but has yet to distribute the funds due to a surge of private claimants.
In 2022, the Department of Justice seized over $3.6 billion of stolen assets, posing a challenge in sorting legitimate claims. Bitfinex has been cooperating with authorities, with the government returning over $312,000 in cash and Bitcoin Cash.
The restitution plan involves payouts to Bitfinex's LEO token owners, with LEO spiking 40% post-filing.
The government will only make recovery payouts to Bitfinex, so all private claims should go through the exchange, as detailed in the filing.
More about Banco De Chile
Banco De Chile, Banco de Chile, provides banking and financial products and services to clients in Chile. The company is headquartered in Santiago, Chile.
Industry: FINANCE, COMMERCIAL BANKS
NEC: 12207905000
Open: 8.08
Close: 8.08
Change: 2.99
Volume: 5702.8
Dividend: 0.485
Market Cap: 2880381125000
PE Ratio: 25.65
EPS: -0.027
ROI: -0.007