A federal court has determined that 94,643 bitcoin, seized following the infamous 2016 Bitfinex hack, will be returned to the cryptocurrency exchange as part of voluntary restitution agreements tied to plea deals with the convicted perpetrators. Voluntary Restitution in Bitfinex Hack Includes $ 9 Billion in Bitcoin With a valuation exceeding $ 9 …
US Court Orders Collapsed BTC Investment Firm to Pay Over $1.7 Billion in Restitution for Forex Fraud
A United States Federal Court Judge has ordered the collapsed bitcoin investment platform Mirror Trading International to pay over $ 1.7 billion in restitution. Commodity Futures Trading Commission director of enforcement Ian McGinley said the CFTC will not hesitate to go after fraudsters who target U.S. citizens. The Commission again warned that court rulings …