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How the feds tracked down 3 6 Billion in stolen Bitcoin

The U.S. government’s $3.6 billion bitcoin bust this week appears to reflect its success five years ago in disrupting some operations used by criminals to launder stolen funds.

The Justice Department said that it executed a search warrant last week and seized 94,636 bitcoins from the online wallets of two alleged money launderers, Heather Morgan, 31 years old, and her husband, Ilya Lichtenstein, 34.

The seized bitcoin allegedly comprised the bulk of about 120,000 bitcoins stolen in 2016 from the crypto exchange Bitfinex in a hack.

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Harish Yadav

Harish Yadav is the regular reader of different newspapers and articles and writes about Financing and Investments. He also often writes for breaking news.

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