Internal Report Suggests Security Lapses at Hacked Crypto Exchange Bitfinex

When a hacker, or hackers, broke into the Bitfinex crypto exchange and stole 119,754 bitcoins in 2016, their haul was worth $72 million. By the time US authorities arrested rapper Heather Morgan and her husband, startup founder Ilya Lichtenstein, last year on suspicion of laundering the stolen coins, their value had soared to nearly $4 billion. It’s the largest single recovery in the history of the US Department of Justice. But the perpetrator of the hack is still at large. 

The confidential report from the investigation, commissioned by one of Bitfinex’s owners, iFinex, and produced by Canadian cryptocurrency consultancy and development firm Ledger Labs, was never made public. But the <a

→ Continue reading at WIRED

Similar Articles

Advertisment

Most Popular