News > Justice Dept. announces $3.6 bn crypto seizure, 2 arrests

Justice Dept. announces $3.6 bn crypto seizure, 2 arrests

The Outreach | 09/02/2022 10:32 AM | Click to read full article

The Justice Department announced Tuesday its largest-ever financial seizure over $3.6 billion and the arrests of a New York couple accused of conspiring to launder billions of dollars in cryptocurrency stolen from the 2016 hack of a virtual currency exchange.

Federal law enforcement officials said the recovered sum was linked to the hack of Bitfinex, a virtual currency exchange whose systems were breached by hackers nearly six years ago.